Exam 19: Appendix: Great Debates in Economics: Keynes Versus Hayek

Adam Smith stated, "The man of system is apt to be very wise in his own conceit. He seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board." Which is true of this statement?

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According to the Keynesian view, capitalism

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What did Keynes and Hayek believe about government central planning?

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In the main chorus of the Keynes-Hayek rap lyrics, Keynes states "I want to steer markets" and Hayek replies, "I want them set free." These statements are referring to

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Question 4

In his book The Road to Serfdom, Friedrich Hayek argued that the growth of government

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Question 5

The General Theory of John Maynard Keynes exerted a major impact on macroeconomics during the 20ᵗʰ century primarily because

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Question 6

John Maynard Keynes and Friedrich Hayek

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Question 7

According to Friedrich Hayek and his followers, the booms and busts of the business cycle are primarily the result of

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Question 8

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Exam 19: Appendix: Great Debates in Economics: Keynes Versus Hayek

Adam Smith stated, "The man of system is apt to be very wise in his own conceit. He seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board." Which is true of this statement?

According to the Keynesian view, capitalism

What did Keynes and Hayek believe about government central planning?

In the main chorus of the Keynes-Hayek rap lyrics, Keynes states "I want to steer markets" and Hayek replies, "I want them set free." These statements are referring to

In his book The Road to Serfdom, Friedrich Hayek argued that the growth of government

The General Theory of John Maynard Keynes exerted a major impact on macroeconomics during the 20ᵗʰ century primarily because

John Maynard Keynes and Friedrich Hayek

According to Friedrich Hayek and his followers, the booms and busts of the business cycle are primarily the result of

The Economic Approach

A: Some Tools of the Economist

B: Some Tools of the Economist

A: Supply, Demand, and the Market Process

B: Supply, Demand, and the Market Process

A: Supply and Demand: Applications and Extensions

B: Supply and Demand: Applications and Extensions

Difficult Cases for the Market and the Role of Government

The Economics of Collective Decision-Making

Consumer Choice and Elasticity

A: Costs and the Supply of Goods

B: Costs and the Supply of Goods

A: Price Takers and the Competitive Process

B: Price Takers and the Competitive Process

Price-Searcher Markets With Low Entry Barriers

A: Price-Searcher Markets With High Entry Barriers

B: Price-Searcher Markets With High Entry Barriers

The Supply of and Demand for Productive Resources

Earnings, Productivity, and the Job Market

Investment, the Capital Market, and the Wealth of Nations

Income Inequality and Poverty

Appendix: Government Spending and Taxation

Appendix: the Economics of Social Security

Appendix: the Stock Market: Its Function, Performance, and Potential As an Investment Opportunity

Appendix: the Crisis of 2008: Causes and Lessons for the Future

Appendix: Lessons From the Great Depression

Appendix: the Economics of Healthcare

Appendix:education: Problems and Performance

Appendix: Earnings Differences Between Men and Women

Appendix: the Question of Resource Exhaustion

Appendix: Do Labor Unions Increase the Wages of Workers

Appendix: Difficult Environmental Cases and the Role of Government

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