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How Would Modern Macroeconomic Schools of Thought Respond to the Recent Economic Crisis? — November 2009
What would some of the most famous economists, such as John Maynard Keynes, Milton Friedman, and Adam Smith, and their followers say about the current financial and economic crisis? The November Liber8 newsletter essay by Michelle Armesto—"How Would Modern Macroeconomic Schools of Thought Respond to the Recent Economic Crisis?"—outlines their probable responses.