Keynes Is Over

http://www.futureofcapitalism.com/2011/08/keynes-is-over

"Keynesian mysticism—with its fancy equations, its cramped vocabulary of 'liquidity traps' and 'irreducible uncertainty,' and its pre-Copernican belief that a group of wise men in a central office can decide what 'aggregate demand' should be among hundreds of millions of people—is over," writes Tim Cavanaugh at Reason.com, taking some swipes at the New York Times along the way.

by Editor  |  Aug 18, 2011 at 10:22 pm receive the latest by email: subscribe to the free futureofcapitalism.com mailing list