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To: elmatador who wrote (40123)9/19/2008 11:25:47 AM
From: dvdw©1 Recommendation  Read Replies (1) | Respond to of 218012
 
"Keynesian system was committed to full employment, high public spending, managed exchange rates and international credit agencies whose initial aim was to promote and sustain high trade and welfare"

are your comments designed to rationalize Keynesian economics?

i call keyenes the master of contrivance. believes in elitist hegemony, which rationalizes intervention, which always facilitates mal investment of capital. applies to macro and micro scale.

Self serving regulations where failed CEO's are enabled to walk away with millions for managing a failing enterprise....like Rains.....

Study F Hayek's works with a focus on Time Shapes Capital.

Provides the clues to unleashing economic potential.

control units manifesting control, contradict purpose.