Keynesian exuberance for the powers of stimulating demand or the ‘consumer’ has been in vogue since the 1930s. It is sheer nonsense which is taught in every school across the globe. Keynesian economics is little more than intellectual pablum used by those in power or by a technocratic and largely illiterate elite to increase their [...]
Posts Tagged ‘Bloomsbury Group’
Keynesian Economics is a Failure
October 27th, 2009 
Admin 
Posted in Articles 
Tags: Bloomsbury Group, Business Cycles, Deficit Financing, Demagogues, Economic Decisions, Economic Relationships, Employment Interest, Full Employment, Government Power, Impact State, Income Equality, Keynes Theory, Keynesian Economics, Magical Elixir, Pablum, Production Processes, Sheer Nonsense, State Revenues, Unexpected Events, Wall Flower 
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