Was the Great Depression the result of the inherent instability of a market economy, as John Maynard

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Was the Great Depression the result of the inherent instability of a market economy, as John Maynard Keynes argued? Alternatively, was it the result of counterproductive government policy as Milton Friedman argued? Cite evidence supportive of your view.

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Microeconomics Private And Public Choice

ISBN: 9780357134016

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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