Nicholas Wapshott - Keynes vs. Hayek: The Debate Wages On (5/5)

Nicholas Wapshott - Keynes vs. Hayek: The Debate Wages On (5/5)

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video explores the contrasting economic philosophies of Hayek and Keynes, highlighting the current political debate between their ideas. It discusses the public's distrust in government due to economic policies and scandals. The video explains Keynesian economics, emphasizing the difference between national and household economies. It also reflects on Franklin Roosevelt's leadership in bridging the gap between government and public trust. The conclusion encourages further exploration of these economic theories.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker suggest that Keynesian economics is viewed today?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What qualities of Franklin Roosevelt's leadership does the speaker admire?

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