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This division is not absolute – some classicals (including Say) argued for government policy to mitigate the damage of economic cycles, despite believing in external causes, while Austrian School economists argue against government involvement as only worsening crises, despite believing in internal causes.
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Aw, this was an exceptionally nice post. Spending some time and actual effort to produce a top notch article… but what can I say… I hesitate a whole lot and don’t seem to get nearly anything done.
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That is a great tip particularly to those new to the blogosphere. Brief but very precise information… Appreciate your sharing this one. A must read post.
This division is not absolute – some classicals (including Say) argued for government policy to mitigate the damage of economic cycles, despite believing in external causes, while Austrian School economists argue against government involvement as only worsening crises, despite believing in internal causes.
This act additionally created the Securities and Exchange Commission, which is the principal regulator of mutual funds.
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