Saturday 9 August 2014

12:11:00
today my brother and i were discussing rather debating on classical and Keynesian theories. my bro was favoring classical's but i was continuously favoring Keynes. he put his certain defensive arguments and me as well, but the main discussion revolve around the world war II. because i was arguing that if there were invisible forces than why the great depression last till world war II? where were these forces? bro was saying it require time in long run to get the economy back on track.
i was on the side of Keynes and i had good grip on the topic and i said that due to building of arms and weapons for world war II, american economy was again boosted, because female worked at houses and male worked outside and the economy increased its GDP. 

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