You have very strang opinions. One the one hand you speak well of hayke on the other point you use the exact opposit of what hayek belived to explain the recovery from the great depression.
I dont want to go into the hold Great Depression discussion, I just wanted to point out that hayek would have made the argument that the New Deal made the GD much longer, same with the WW2. The idea that a war can help the economy would made hayek cry.
Watch this modern Rap-Video of Hayek vs. Keynes and listen closly when the talk about the war.
I dont want to go into the hold Great Depression discussion, I just wanted to point out that hayek would have made the argument that the New Deal made the GD much longer, same with the WW2. The idea that a war can help the economy would made hayek cry.
Watch this modern Rap-Video of Hayek vs. Keynes and listen closly when the talk about the war.
https://www.youtube.com/watch?v=GTQnarzmTOc