Kevin_Kennedy
Defend Liberty
- Aug 27, 2008
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It is extraordinary to suggest that Keynes's ideas are now coming back to save the world. Keynesian ideas have never left the rooms of government and central-bank decision makers. The essence of the thinking of the most influential economists was and still is Keynesian. So various stimulus packages that are now introduced are a continuation of the same Keynesian policies we have been subjected to for many decades. The present economic crisis is the outcome of the large dose of Keynesianism we have been given over many decades.
Do We Need More of Keynes Now? - Frank Shostak - Mises Institute