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Why do you think economist typically combine market and socialist elements today?
03-24-2014, 10:26 AM
Post: #1
Why do you think economist typically combine market and socialist elements today?
Why do you think economist typically combine market and socialist elements today?
How does it relate to historical examples?

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03-24-2014, 10:32 AM
Post: #2
 
Because the social market economy concept developed in Germany has been proved that it has led to economic miracle. A smaller version has been developed by Hayek called safety-net which is in use worldwide.

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