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The article was crap, I agree. Keynes would be better characterized by discussing government intervention to address a market failure, rather than saying the m
by xapata 5y ago
The article was crap, I agree. Keynes would be better characterized by discussing government intervention to address a market failure, rather than saying the market has failed, which has different connotations.
Personally, I disagree with calling government choices an intervention, because the government is a market participant, and both the market and government are embedded in the society which creates them.