Jan
31
Obama Gives Keynes His First Real-World Test
January 31, 2009 | Leave a Comment
NPR has an article about Keynes and spending our way out of a depression.
One point about Keynes theory that if I remember correctly goes something like spend in bad times cut back in good times. Keynes is overused much like prescription antibiotics.
Prescribing Keynesianism to some politicians is like prescribing crack to a coke addict. [...]