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Basic perspectives on stability of the economy.

Watch these Kahn Academy video’s on Youtube. The first discusses Keynesian Economics; the second looks at the risks inherent to Keynesian thinking.

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Consider the following questions:

  • In one sentence, can you sum up Keynesian economics?
  • Do you think this system applies to today’s world economy?
  • What are some of the risks the second video idenitfied?

Having viewed this short video signpost, please address at least one of these questions on WENotes below.

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