Tag Archives: European economy

Keynes vs Friedman (Part Two), How This Economic Debate Is Currently Impacting Europe & Will Soon Impact The U.S.

In this ‘monkey see, monkey do” world of ours, the heated argument between proponents of the Keynesian and Friedman economic schools that has been going on for decades may have been settled (at least for the foreseeable future) as one European country after another seem, like dominos, to be abandoning government stimulus efforts in favor of major budgetary cutbacks and betting the farm that the free market will right the ship. Continue reading

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