Now Playing Tracks

wanderlustandliberty asked:

Your previous questioner asked why criticize Keynesianism? I answer you why the hell not. It is the very ideas set forth by Keynesianism that have helped justify so many of the mistakes our government has made. It is not a paradigm within the system, but rather the driving force that is going to send our system over a cliff. You can thank Lord Keynes' ideas for each bust in the business cycle, caused by each artificially created boom. And you can certainly thank him for devaluing our currency.

I happen to agree with you, maybe we will need, this over the cliff, jolt, in order for the masses to try something else.

2 notes

  1. ininterestingtimes said: How can u blame Keynesianism when it is not followed.
  2. thinksquad posted this
We make Tumblr themes