“Liberal vs Conservative Economics”

Thoughts on a Free Market Economy…
“Contrasting Liberal vs Conservative Economics”
By Phyllis Hunsinger
April 1, 2018

Conservative economics is defined as a political-economic philosophy regarding fiscal policy and fiscal responsibility advocating low taxes, reduced government spending, and minimal government debt.
Liberal economics is defined as a political-economic philosophy following the ideas of John Maynard Keynes, an economist who believed that government, not the marketplace, is the real driver of commerce.

To contrast the differences:
• Conservatives believe the tax burden should …

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