There have been different economic philosophies promoted by, Business Economics

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There have been different economic philosophies promoted by

There have been different economic philosophies promoted by the US government to deal with economic downturns. We've seen pump priming (Keynesian economics) during the New Deal and now supply side or trickle down economics during the Reagan era. Which economic philosophy is the most effective in terms of promoting a strong and stable economy? Or is it both? Or neither?

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Business Economics: There have been different economic philosophies promoted by

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