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IPFS News Link • Economy - Economics USA

Does "Depression Economics" Change the Rules?

1-13-2009 • Mises.org / Robert Murphy

Keynesians act as if all problems can be patched up by a simple boost of "aggregate demand." [However], the economy's capital structure was thrown into an unsustainable condition, and it takes time for the mess to be sorted out.

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Reported By Brock Lorber

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