Discuss the following from the perspective of supplying goods through non market mechanisms:
Currently, most developed countries use a variation of Keynes’s policies, allowing a large degree of private business while maintaining strict regulation of certain aspects of the economy through the government. Today’s relationship between government and business is thus neither laissez faire nor socialist, but rather a combination of both, essentially what is called a “mixed economy.” Your response should be at least 200 words in […]