Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (202692)	5/16/2009 7:19:38 PM
From: alanrs	Read Replies (1) \| Respond to of 306849

Are you claiming that Keynesian economics is fundamentally incorrect? My imperfect understanding of Keynesian economics includes government reducing spending during good times so that the resources are available to increase spending in bad times. I think you alluded to this with the badly misused comment. Since there seems to be something in human nature that precludes government reducing spending in good times, I tend to think of it as fundamentally incorrect. It may be theoretically correct, and a different species might even apply it with good result, but if it can't be applied with this species one might reasonably consider it flawed. Like socialism or communism, the argument is often made that they would work fine if only the 'right' people were involved. I tend to dismiss that since when I look around I see people, but I don't see any 'right' people. Just my 2 cents, and now off to dinner. ARS