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perceptible to people under favorable circumstances
perceptible to people under favorable circumstances
Dernière mise à jour : 2023-01-06
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the former argued for a more activist state seeing the market as a positive force but is like a machine that has to be fine-tuned to get the best results for the economy. on the other hand, the latter saw the market as a self-regulating system that would eventually sort itself out if left alone. thus, the market force should be recognized as a force (akin to, say, gravity) and left alone to achieve favorable outcomes for the economy.
the former argued for a more activist state seeing the market as a positive force but is like a machine that has to be fine tuned to get the best results for the economy. on the other hand, the latter saw the market as a self regulating system that would eventually sort itself out if left alone. thus, the market force should be recognized as a force (akin to, say, gravity) and left alone to achieve favorable outcomes for the economy.
Dernière mise à jour : 2020-10-06
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