npub1de…d8mew on Nostr: nprofile1q…s60lz Three arguments against Keynes are: 1. Inflationary Bias 2. ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msas60lz (nprofile…60lz) Three arguments against Keynes are:
1. Inflationary Bias
2. Crowding Out Effect
3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.
1. Inflationary Bias
2. Crowding Out Effect
3. Rational Expectations and Policy Ineffectiveness
These three critiques highlight fundamental challenges within Keynesian economic theory: its tendency toward inflation during stimulus efforts, the crowding out of private investment due to government borrowing, and the limitations imposed by rational expectations on fiscal policy effectiveness.