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Macroeconomic-HayekvsKeynes

By Wesley Knight,2014-02-07 08:30
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Keynes v Hayek: Round 3 1 Summary Keynes and Hayek are universally acknowledged as the two ideological Giants who have affected the process of human history. Focusing on short-term effect of policies, Keynes advocated a positive fiscal policy and government intervention to influence the market economy. On the contrary, focus on the long-term historical trend of ..
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