Thursday, March 17, 2011

Foundational Economics

This is a good description of the differing views of economics . The past couple years , well really the past half dozen or more have been dominated by so-called Keynesians . Lord Keynes would likely be non-plussed since he believed that indeed fiscal stimulus and deficit spending from time to time was good. We have taken that to mean all the time which even he did not profess. Enjoy!