Post Keynesians and Austrians have very different policy recommendations when it comes to the appropriate role for
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Question:
Post Keynesians and Austrians have very different policy recommendations when it comes to the appropriate role for government in the economy. What would Post Keynesians think about the government's response to the pandemic (in terms of both spending and monetary policy)? What would Austrians think of it? Be sure to explain why each school would have this view - refer to their relevant assumptions and theories that support this policy conclusion.
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