Thursday , 25 April 2024

Tag Archives: fiscal multiplier

The Republican/Austrian & Democrat/Keynesian Divide

It is understandable why there is such a major divide between Republicans and Democrats in America when one examines their diametrically opposed, and seemingly irreconcilable, Keynesian and Austrian economic views. This article explains the different approaches to fiscal policy for each party and why he thinks one approach is better than the other based on research on the subject.

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