Keynes v. Austrian Economics: Two sides to the same coin

Message from moi:

These are the dots that need connecting.  Since the assumption is that the economy must be money-centered, you invariably end up with a different version of the same thing. Thus, there is no real difference between the two.

Published on Zero Hedge (http://www.zerohedge.com)

Home > The Illustrated Guide To Keynesian Vs Austrian Economics

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The Illustrated Guide To Keynesian Vs Austrian Economics

By Tyler Durden

Created 09/22/2014 - 18:55

There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy. The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well). In order to get a full understanding of the two schools of economic thought, the following infographic should help...

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Source URL: http://www.zerohedge.com/news/2014-09-22/illustrated-guide-keynesian-vs-austrian-economics