Is increased consumer spending good for the economy?
The standard Keynesian line is that increases in consumer spending always are good for a nation’s economy. Yet, there is much more to economic growth than simple spending.
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The standard Keynesian line is that increases in consumer spending always are good for a nation’s economy. Yet, there is much more to economic growth than simple spending.
Murray Rothbard wrote that egalitarianism is a “revolt against nature.” Progressives claim that inequality harms society
Mainstream economists today examine economic phenomena from a “black box” perspective in which they look at