Should the government intervene in the economy?

Autor: Joaquim Ramalho de Albuquerque, Tito Belchior Silva Moreira, Dany Rafael Fonseca Mendes, Fernando Antônio Ribeiro Soares
Rok vydání: 2020
Předmět:
Zdroj: Hegemonia: Revista de Ciências Sociais. :215-225
ISSN: 1809-1261
DOI: 10.47695/hegemonia.vi18.184
Popis: This paper discuss the effects of the governmental intervention on the economy based on Austrian and Keynesian School approach. In this sense, we show that the Austrian theory of crises is nothing more than a particular application of the theory about the deeds of wrong co-ordination of government’s intervention in the areas of fiscal, monetary and credit, which always originates in a systematic discoordination (intra and inter-temporal) of the real economy productive structure. In other words, the crises are the results of government’s interventions through economic policies.
Databáze: OpenAIRE