Tuesday, September 23, 2014

INFOGRAPHIC: KEYNESIAN VS. AUSTRIAN ECONOMICS

There has been an unsettled debate among economists for a century now of whether government intervention is beneficial to an economy.  The heart of this debate lies between Keynesian and Austrian economists (though there are other schools as well).
In order to get a full understanding of the two schools of economic thought, please refer to the infographic above.  Open the image in a new tab for a larger version.