Keynesian Economics Vs Austrian Economics
Since the great depression in 1929, economists have postulated ways and means by which a economy can function stably. Up until 1929, the volatility of the financial systems was unknown, which really made scholars sit and think hard about ways to combats such a situation in the future. Come twenty second century, we still find it hard to wrap ourselves around the volatility of world economics. With global economics falling to pieces, it’s time we take a closer look at what this beast is all about. And to start off with, here is a great infographic.