Macroeconomics
Indicate the relevance of the dispute between Keynes and (what he called)
?orthodoxy? to the current policy debate.
What is the relevance of the multiplier?
What problems may there be in applying a Keynesian stimulus to ease the strain
of the recession.
What problems are there in seeking to deal with government debt by austerity in
the midst of recession (what would Keynes have said about that?)
What signs are there that policies of either austerity or stimulus are working?
What will I evaluate?
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