Mainstream economics

Pittsburgh, Chicago, Rochester, and Minneapolis are located nearer to the Great Lakes.[3] The Saltwater school is associated with Keynesian ideas of government intervention into the free market, while the Freshwater schools are skeptical of the benefits of the government.[4] Mainstream economists do not, in general, identify themselves as members of a particular school; they may, however, be associated with approaches within a field such as the rational-expectations approach to macroeconomics.


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