Emilio Valor p.1 1) Adam Smith did strongly disagree with government however he clearly specified that the govt' should have a very strict position in the economy to grant patents, give grants, secure the nation from foreign invaders, etc.
2) The economy in Keynes time would've been a lot different due to the fact that they lived hundreds of years apart and the economy in Keynes time would've been a lot more complex and advanced.
Emilio Valor p.1
ReplyDelete1) Adam Smith did strongly disagree with government however he clearly specified that the govt' should have a very strict position in the economy to grant patents, give grants, secure the nation from foreign invaders, etc.
2) The economy in Keynes time would've been a lot different due to the fact that they lived hundreds of years apart and the economy in Keynes time would've been a lot more complex and advanced.