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  2. Lemon socialism - Wikipedia

    en.wikipedia.org/wiki/Lemon_socialism

    Lemon socialism is a pejorative term for a form of government intervention in which government subsidies go to weak or failing firms (lemons; see Lemon law), with the effective result that the government (and thus the taxpayer) absorbs part or all of the recipient's losses.

  3. Visible hand (economics) - Wikipedia

    en.wikipedia.org/wiki/Visible_hand_(economics)

    Simply put, it refers to government intervention. [ 3 ] In economics the "visible hand" is generally considered to be the macro-fiscal policy of John Keynes that emerged in the 1930s as a remedy for the shortcomings of Adam Smith 's " invisible hand " and advocated government intervention in the economy. [ 4 ]

  4. Keynesian Revolution - Wikipedia

    en.wikipedia.org/wiki/Keynesian_Revolution

    The revolution was set against the orthodox classical economic framework, and its successor, neoclassical economics, which, based on Say's law, argued that unless special conditions prevailed, the free market would naturally establish full employment equilibrium with no need for government intervention. This view held that employers will be ...

  5. 2008–2009 Keynesian resurgence - Wikipedia

    en.wikipedia.org/wiki/2008–2009_Keynesian...

    The influence of Keynes's theories waned in the 1970s due to stagflation and critiques from Friedrich Hayek, Milton Friedman, Robert Lucas Jr., and other economists who had less faith in the ability of government intervention to regulate the economy, or were otherwise opposed to Keynesian policies. From the early 1980s to 2008, the consensus ...

  6. Shortage - Wikipedia

    en.wikipedia.org/wiki/Shortage

    In the case of government intervention in the market, there is always a trade-off with positive and negative effects. For example, a price ceiling may cause a shortage, but it will also enable a certain percentage of the population to purchase a product that they couldn't afford at market costs. [ 3 ]

  7. Which 38 Republicans voted against Trump's plan to keep the ...

    www.aol.com/38-republicans-voted-against-keeping...

    The U.S Capitol is seen after U.S, President-elect Donald Trump called on U.S. lawmakers to reject a stopgap bill to keep the government funded past Friday, raising the likelihood of a partial ...

  8. Neoclassical economics - Wikipedia

    en.wikipedia.org/wiki/Neoclassical_economics

    As a result, many neoclassical economists favor a relatively laissez-faire approach to government intervention in markets, since it is very difficult to make a change where no one will be worse off.

  9. Elizabeth Warren’s three-word Elon Musk rebuff as US ... - AOL

    www.aol.com/news/elizabeth-warren-three-word...

    It came after Democrats in the House of Representatives killed a spending deal approved by President-elect Donald Trump with the help of conservative Republicans after the billionaire scuttled the ...