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Robert Skidelsky

Robert Skidelsky on Keynesian Economics – It’s All About Spending

Subscribe to our channel: http://www.youtube.com/user/econstories Is our prosperity derived from a continual circular flow of spending? Is it impossible for a society to increase it's total savings? Can deficit spending by a government step in to replace private activity in order to maintain full employment and restore lasting economic growth? What is a liquidity trap and what does it mean for the economy? What did Keynes really mean by "in the long run, we're all dead"? In this...

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