Keynesian vs. Austrian Economics

Re blogged from by The Austrian Insider

There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy. The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well).

In order to get a full understanding of the two schools of economic thought, please refer to the infographic below.

Austrian vs Keynesian Economics
Austrian vs Keynesian Economics

 

Austrian vs. Keynesian Economics by The Austrian Insider


 

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