Keynes vs. Hayek: The Great Debate Continues
Posted July 10th, 2010 by admin
Newly discovered letters from two great economists shed light on today's discussion of economic 'stimulus.'
The debates raging over what policies will pull the U.S. economy out of its Great Recession replicate one that occurred during the Great Depression. Thanks to the efforts of Richard Ebeling, a professor of economics at Northwood University, we have compelling and concise documentary evidence. He has unearthed letters to the Times of London from the two sides that mirror today's debates. Read more…
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