Can an Easy Money Policy Increase Employment of "Idle Resources"?
21 gen 2024 ·
7 min. 11 sec.
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Descrizione
<p>When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not...
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<p>When an economy suffers a recession, some factors of production, such as labor, become unemployed. Keynesians believe that expanding credit and fiat money will bring back full employment. That's not how an economy works.</p> <p>Original Article: <a href="https://mises.org/wire/can-easy-money-policy-increase-employment-idle-resources" target="_blank">Can an Easy Money Policy Increase Employment of "Idle Resources"?</a></p>
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Informazioni
Autore | Mises Institute |
Organizzazione | Chad Parish |
Sito | - |
Tag |
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