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| Home Front Economy |
| We're All Keynesians Again |
| 2009-01-13 |
| Posted by:tipper |
| #2 Even the "Keynesian s" aren't real Keynesians, Keynes wanted government to build up a reserve during "good times" to spend in recessions and there's no reserves built up. Keynes ideas of government being a good saver are out of date. Better for banks to be told to increase reserves during "good times" (increases in M4) and to lower them into recessions. |
| Posted by: Bright Pebbles 2009-01-13 19:17 |
| #1 Nope, we're all tax serfs again. The first and second estates are taken care of at the expense of and on the back of the third estate. |
| Posted by: Procopius2k 2009-01-13 08:46 |