Clash of the Titans with Stephan Livera: the Austrian School of Economics vs. the Keynesian
Dollar Auction Show
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Evaluating Government's Role in Economic Policies
The government plays a crucial role in economic policies by determining factors like installing a central bank, implementing money printing policies, and choosing between fiat or gold standards. The question arises whether the government should have the authority to intervene in the economy by influencing wages, printing money, or injecting capital into specific industries, essentially picking winners and losers.
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