Dear all Why do New Classical theorist consider Keynesian demand management policy to be largelly ineffectual? Thanks

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moises112

Dear all

Why do New Classical theorist consider Keynesian demand management policy to be largelly ineffectual?

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replied to: moises112

galaxaura

Replied to: Dear all Why do New Classical theorist consider Keynesian demand...

Some New Classicists feel that Keynesian demand management theory requires foolish and short-sighted behavior, and base their theories on real business cycles.

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