2min chapter

Debunking Economics - the podcast cover image

Bill Phillips & His Curve

Debunking Economics - the podcast

CHAPTER

The Keynesian Approach to Economics

Inflation in the 60s and 70s saw Keynesianism is broken down. The neoclassical used that as a way to undermine the Keynesian approach to economics. But you can see why they do that because it is a... Because central banks say we're all about stabilizing prices.

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