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Classical Model vs. Keynes theroy.
The great depression marks a great divide in America's way of dealing with economics. The economical war between professional economists today is a never-ending battle. On one side there are those who believe in a classical idea that was born before the 1930's. Then the great depression influenced another army of economists that followed the ideas of a man named John Meynard Keynes. The reason this war is never ending is because it doesn't matter how hard an expert fights one side, there is another fighting on the other side. There have been endless debates as well as hundreds of thou…
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