How Would Modern Macroeconomic Schools of Thought Respond to the Recent Economic Crisis

Posted At : November 5, 2009 1:54 PM
Related Categories: Financial Crisis,Business/Economics

http://liber8.stlouisfed.org/newsletter/2009/200911.pdf

Examines three modern schools of economic thought, the new Keynesian approach, the monetarist viewpoint, and the new classical school of thought, and what each school would advise as the best way to resolve the recent economic crisis. From the Stl Louis Federal Reserve Bank.

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