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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (704035)3/15/2013 2:58:13 PM
From: SilentZ  Read Replies (1) | Respond to of 1573682
 
>This is the fundamental flaw in Keynesian "logic," because all it does is focus on inflating a number.

It's a number that directly reflects the resources that are available for allocation in the economy. While it's not 100% perfect (you need to dig deeper to understand how those resources are actually being allocated), it's not fundamentally flawed by any means. If you think it is, open a few economic textbooks. I don't even think the Friedmanites would disagree.

-Z