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I Come To Bury Keynes
 
Published by kidmercuryblog
10-22-2008

I Come To Bury Keynes

Keynesian economics is false. It assumes the state can intervene to optimize the market. Nope, sorry. The market will find the proper price for everything, if left alone as much as possible.

This is crucial to note, because Keynesian economics is essentially an illogical argument trying to validate government intervention. Understanding its fallacies helps us understand why it does not work. -- KM


***

Mike Rozeff on the evil genius of modern stateonomics.

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economics, keynesianism, monetary policy

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