Return of the Legend - Chapter 138
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it’s not that difficult. it’s just classical economic theory (theory of minimal government intervention) vs keynesian economic theory (theory of more government spending = gdp boost). i think chicago and ny are where the originated? unless thats made up
what happened during the crisis was that too little action was taken too late, causing the crisis to be as bad as it was.
anyways this is like basic econ (1st yr undergrad/HS macro) material