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Old 05-26-2010, 10:33 AM   #5
GenghisTron
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And an aside--The Keynesian/Humanist approach doesn't account for the implicit harm of their own policies (CEP, the externalities of externalities, unintended consequences, opportunity costs, etc.) and is primarily concerned with the explicit benefit caused by their approach. Austrians take a different approach, and realize that explicit benefits also precipitate implicit negatives on the economy, and adjust accordingly.
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