Increasing Demand Won't Make the Economy Grow

Published: 11/01/2019
Increasing Demand Won't Make the Economy Grow
Source: MISES.ORG

Whenever the so-called economy shows signs of weakness most experts are of the view that what is required to prevent the economy sliding into recession is to boost the overall demand for goods and services. If the private sector fails to increase its demand then it is the role of the government to fill this void. Following the ideas of Keynes and Friedman, most experts associate economic growth wi

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