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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1696 |
Essay's paper body
For Marx, capitalism's fatal contradiction was between improving technological efficiency and the lack of purchasing power to buy what was produced in ever larger quantities.
John Maynard Keynes was a student of Alfred Marshall and an exponent of neoclassical economics until the 1930s. The Great Depression bewildered economists and politicians alike...
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The Great Depression bewildered economists and politicians alike. The economists continued to hold, against mounting evidence to the contrary, that time and nature would restore prosperity if government refrained from manipulating the economy. Unfortunately, approved remedies simply did not work. In the U...
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