Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Parmy

What is called “Kensianism” today is no closer to the policies that Keynes actually advocated, than what Americans call “liberalism” today is to classic liberalism.


14 posted on 10/14/2013 11:08:36 AM PDT by USFRIENDINVICTORIA
[ Post Reply | Private Reply | To 3 | View Replies ]


To: USFRIENDINVICTORIA

Exactly. In 1932 the Chancellor of the Exchequer ask Keynes if they should start spending. His answer was, “No, you only have 16% unemployment.”


20 posted on 10/14/2013 12:32:43 PM PDT by stuckinohio
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson