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Perspectives in Economic Thought - Part 1
Class was held on Thursday, October 20, 2011
We hear a lot of different ideas on the country's direction and this class will overview 4 perspectives to help solidify your personal position. This will be a high level overview, but will give the opportunity to define the differences. This language will be used often in this election season and we will be armed in knowledge. Four perspectives reviewed are Classical Economics (Adam Smith, Milton Friedman); Austrian (Joseph Schumpeter, libertarianism); Keynesian (John Maynard Keynes, supply side economics); Marxism (Karl Marx, socialism).