More Keynes and Hayek rap — “Fight of the Century, Round II”

Your assignment, students:  Tell which of these guys you think is right, and why.  A couple of paragraphs at least, please.  Is the Hayek character right?  Is “circular flow” really dead?

If you’re not the first to post, you should respond to posts before yours.

Comments are open — Rounds 3 through 10, let’s hear you make ’em.

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