A. Why do Conservatives believe the economy is self-regulating? What is the proper role of government in the economy? Why do they believe
government policies caused the Great Depression and the Stagflation of the 1970s?
B. Why do Liberals believe the economy is not self-regulating? What is the proper role of government in the economy? What role did
government play in causing the Great Depression and the Stagflation of the 1970s?
C. Why do Radicals believe that both Conservatives and Liberals are wrong about government’s role in stabilizing the economy? Why do they
believe that the United States, irrespective of economic policy, is heading towards another Great Depression?
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