I want to discuss the economic approach of the Laissez-Faire Market in comparison to Keynesian Economics. They have many things in common, with respect for private property, competition, and the rule of law in economic policy. While they may seem very similar, there are specifics of macroeconomic policy and economic theory that differ between these two outlooks. Basically the paper is a formal discussion of the government’s role in the economy and compares the two systems.
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