Review obama gives keynes his first real-world test

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Reference no: EM133196544

Assignment:

Keynesianism

NPR Internet Podcast

Access the following Podcast from NPR

"Obama Gives Keynes His First Real-World Test" by Adam Davidson and Alex Blumberg"

(If this website is unavailable, try this: ???Obama Gives Keynes His First Real-World Test : NPR

1. According to this podcast, the Obama administration believes that Keynesianism is the go-to-solution for our current recession. Explain. What problems do the anti-Keynesians see to this solution?

2. Contrast Milton Friedman's money supply rule with Abba Lerner's functional finance.

3. What problems do changes in velocity create for those advocating a money-supply rule?

Reference no: EM133196544

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