Macroeconomics 9th Edition by David Colander

Exercise 13

Economists such as Frédéric Bastiat believed in natural liberty, which is based on a belief that a God has naturally ordered the world for the benefit of all.ccording to these economists, savings was a virtue because it potentially led to increased consumption in the future, a belief that Keynes asserted is based on a belief in one's immortality.oes this mean that Bastiat and Keynes would differ in their views about how to address the unemployment problem How (Religious)