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To: marcos who wrote (25341)8/11/2011 12:05:32 PM
From: carranza2  Read Replies (1) | Respond to of 29622
 
BINGO! BINGO! BINGO!

We have a winner.

You get the door prize.

Keynesian economics works at the margins, when policy is not otherwise a crock and debt is manageable.

This is the Achilles heel of the modern Keynesians. And all they had to do was get their noses out of the latest issue of Econometrics and read a bit of history.

Glad to see that Niall Ferguson agrees with me. vbg

Message 27534871