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EP #28 Keynes Blame
Open College Podcast
Keynes' Principled Middle Way Between Capitalist Freedom and Socialism
In the 1920s, John Mater Keynes made a tract of a principled middle way between capitalist freedom and socialist control. He did provide a sophisticated set of tools for policymakers to use whenever they think they need to intervene in the economy. And he gave a very bright green go-ahead light for politicians to apply his theories to real human beings in real economies.
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