According to Keynes(Keynesian Macroeconomics), can the private sector always remove the economy from a recessionary gap? What would be the solution from a Christian perspective regarding people who cannot afford medical care?

Consumer spending fell significantly at the start of the pandemic by 13.6%, but increased by 5.6% in June.  Economists are predicting that in the next few months consumer spending may be positive but at a much lower rate than 5.6% as additional money for unemployment is no longer available, unemployment remains high, and uncertainty of the future.  Consumer spending is closely watched since it is a primary predictor of how quickly the economy will recover from the current recession.  How do you expect consumer spending might change over the next few months?  Why?  How has your spending been changing?  Are you expecting to make any big purchases in the near future?

What is the water -dimoned paradox?

Heilbroner’s (1999) chapter titles in the Worldly Philosophers give a snapshot of the context within each chapter. For instance, Heilbroner (1999) uses “The Heresies of John Maynard Keynes” and “The Contradictions of Joseph Schumpeter” as the titles for chapters 9 and 10, respectively. Based on these two chapters, discuss your understanding of Keynes’ most relevant “heresy” and Schumpeter’s most prominent “contradiction” in reference to their understanding of the business cycle and the role played by the capitalist