Tag Archives: microeconomics

Free Markets, Say’s Law and the Failure of Keynesian Economics – by Steven Kates

November 28, 2012

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Photo: Mark Wainwright, Creative Commons 2.0

How can we return the economy from the midst of recession to rapid rates of growth? Steven Kates explains why adopting Kenynesian policy is doomed to failure, and instead advocates classical theory based on a proper understanding of Say’s Law.

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