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Understanding Ayadesian Theory Of Expanded Government BY LINUS OBOGO

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By CrossRiverWatch Admin During recessions, the public gets frightened and holds back on spending, resulting in more layoffs, which in turn produces less spending in a vicious circle of economic decline”. The above quote from one of British most influential economists of the 20th century, John Maynard Keynes (1883-1946), was a warning about the danger […]

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