Question
Before the Great Depression, Adam Smith thought the economy would correct itself. It was also viewed that as long as firms produced goods, there would
Before the Great Depression, Adam Smith thought the economy would correct itself. It was also viewed that as long as firms produced goods, there would be people to buy those goods (This is known as "Say's Law"). What was Keynes' explanation of the Great Depression?
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The Economy Of Cities
Authors: Jane Jacobs
1st Edition
039470584X, 9780394705842
