RE: Debate: Keynesian vs Austrian Economics and the Financial crisis
December 25, 2010 at 8:00 pm
I found it fascinating that during the recent financial debacle, most countries immediately turned to basic Keynesian economics.
In a truly free market, the governments would not have interfered and the banks and companies such a GM would have been allowed to fail.
In a truly free market, the governments would not have interfered and the banks and companies such a GM would have been allowed to fail.