Conduct additional research to determine which economic philosopher you believe has the most positive effect on the United State
s economy today. Analyze the importance of your chosen philosopher and the impact they have had on the U.S. free enterprise system. Select from: Friedreich Hayek, Milton Friedman, John Maynard Keynes, and Adam Smith. Provide clear support for your position, and cite your sources.
The American economist and statistician was a strong advocate
of free-market capitalism. During his tenure as a professor at the University
of Chicago, Friedman developed numerous free-market theories that opposed the
views of traditional Keynesian economists. Friedman
opposed Keynesian macroeconomic views that fiscal policy is more important than
monetary policy, that government spending should be used to neutralize the
volatility of the business cycle and that prices are inherently sticky with his
own economic theory of free-market monetarism. He argued for
deregulation in most areas of the economy, calling for a return to the free
market wisdom of classic economists, such as Adam Smith
The therapist’s response illustrates the technique of active
listening. Active listening is defined as having to be fully concentrated on
what the other people is saying or actively participating on what is being said
rather just hearing or passively hearing the speaker’s message.
It is a common nitrogenous waste produced by the breakdown of amino acids in various cells in the body. Waste product of protein catabolism that is mainly filtered from blood in the kidneys and excreted in urine.: