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Keynes' central theme was that: Government does not have the ability or responsibility to stimulate the economy. Economic crises are very uncommon in capitalist economies.
Keynes' central theme was that:
Government does not have the ability or responsibility to stimulate the economy.
Economic crises are very uncommon in capitalist economies.
Modern capitalist economies work perfectly without government intervention.
Capitalist economies do not automatically work at maximum efficiency.
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Principles Of Econometrics
Authors: R Carter Hill, William E Griffiths
3rd Edition
0471723606, 9780471723608
