Classical Economics

Discuss classical economics and Keynesian economics, defending their school and criticizing the other school’s theories and practices. In your responses, Compare and contrast classical economics and Keynesian economics. What are the major differences between them? Which model would you prefer? You may already prefer one because you are defending your school. Thoroughly explain your reasoning. As a classical economist or a Keynesian economist, what would you do for the current U.S. economy?

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