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Sondos 2

Obama Plans to Nationalize Wireless Internet - 0 views

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    President Obama, a seemingly great fan of Keynesian economics has developed a program of government expansion and nationalization of various aspects of the lives of the American people (such as the government takeover of health care, intervention in banks, and the nationalization of various automobile companies such as General Motors), the federal government is now embarking upon a program of government-directed wireless internet (Wi-Fi) delivery.
Sondos 2

Living Economy: Market failure and state involvement in the economy - 0 views

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    This article considers the possible measures that the Maldives should consider in order to develop its not yet fully matured economy. Today, government intervention to reduce or diminish market failure takes many forms: direct controls, government regulation, government subsidies, taxation of negative externality engendering goods, etc. However, it has been strongly suggested that for a developing country such as the Maldives, "and given that there is no one perfect model of state involvement in the economy, effective and well managed Public Enterprises need to play a vital and integral role of the national economy." Further solutions for market failure in the Maldives are also discussed.
Mitchell B

Government Intervention and High Prices - 0 views

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    This article presents a rather bias view of the increase in prices of products. The author talks about how the government is doing the opposite of what it should, and that its intervention is hurting people. This does however relate to Keynesian economics because it displays the opinion of somebody who is not in favor of it.
Jackson Mote

Bush Directive Increases Sway on Regulation - 1 views

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    This article is about a directive that President Bush signed regarding government intervention and market failure on a large scale.
Noah F

Didn't Like The Stimulus? You Might Hate It When It's Gone. - 0 views

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    Interesting article about the recent stimulus package that the US government put into place. Discusses the Keynesian model, which says that government intervention is needed to get an economy back on track.
Wonwoo C

Over a billion people now: A colourful depiction of momentous times in a giant country - 0 views

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    This article is about a book which assesses the progress of the Indian economy. Nehru, India's first prime minister implemented an extreme version of a Keynesian economy that even "Keynes would have found fiscally impossible" India sought to increase industrial output through government spending, which had disastrous consequences for the Indian economy. It took Manmohan Singh's radical turn away from state intervention to bring it back up. The articles elaborates further.
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