According to Keynes, in the era of mercantilism, “the authorities had no direct control over the domestic rate of interest or the other inducements to home investment.” In the case of the authorities...

According to Keynes, in the era of mercantilism, “the authorities had no direct control over the domestic rate of interest or the other inducements to home investment.” In the case of the authorities in our present world, what is the difference from them? Explain

Sep 09, 2022