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DefinitionEdit

Three types:

  1. Keynesian: There are points of rest which occur in the macroeconomy. Government involvement can choose more beneficial states of rest than others.
  2. Mises: Evenly roatating economy - ?
  3. Traditional: A point of tendency with momentum (gravity) tending towards it.

Nhu says that Keynesianism is a theory of disequilibrium, even though he thinks we are in some sort of equilibrium at all times. Therefore, disequilibrium cannot persist. she troll.

This macro-stub needs improving.

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