ST Alpha - ""In terms of fiscal-stimulus proposals, it would be unfortunate if the best Team Obama can offer is an unvarnished version of Keynes's 1936 "General " (Reading a Post)

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"In terms of fiscal-stimulus proposals, it would be unfortunate if the best Team Obama can offer is an unvarnished version of Keynes's 1936 "General

Posted by Loyola Jan 31 '09, 02:49

Theory of Employment, Interest and Money." The financial crisis and possible depression do not invalidate everything we have learned about macroeconomics since 1936."

http://online.wsj.com/article/SB123258618204604599.html (online.wsj.com)

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They might have a poin if only their prefered methods of interest rate reductions and tax cuts hadn't failed - The Calico Cat Coalition Jan 31, 04:57 1
- Barro's actually fairly liberal. what I don't buy is using war economy as a comparison here. government paying for things the government then takes - mafic Jan 31, 07:11

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"In terms of fiscal-stimulus proposals, it would be unfortunate if the best Team Obama can offer is an unvarnished version of Keynes's 1936 "General

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