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To: freeus who wrote (34698)3/17/1998 4:07:00 PM
From: ratan lal  Read Replies (1) | Respond to of 176387
 
freeus

And isnt Keynes the idiot who wanted govt to do everything and manipulate the
economy?

I am not sure what discussion has taken place. BUT Keynesian economics worked for the time and brought the world out of depression. Keynes theory was simple. Put people to work even if you make one person dig a hole and have another fill it.

ratan



To: freeus who wrote (34698)3/17/1998 4:18:00 PM
From: Chuzzlewit  Respond to of 176387
 
Freeus, ** OT **

Keynes was that most wonderful fellow who showed FDR how to extract us from the economic malaise caused by laissez-faire economics. Unfortunately, following WWII, presidents didn't follow the second half of his advice, which was to use the 'good' times to pay down the national debt.

This is a totally unbiased and objective opinion.

Regards,

Paul


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