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Death of Keynes?

By: Cactus Flower in ALEA | Recommend this post (0)
Sun, 31 Jul 11 9:37 PM | 52 view(s)
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"I would say ... that symbolically, that agreement is moving us to the point where we are having the final interment of John Maynard Keynes," [Durbin] said, referring to the British economist. "He normally died in 1946 but it appears we are going to put him to his final rest with this agreement."

Uh. Keynes' theory isn't dying. It's the pre-eminence of the United States.

Nothing more clearly signals failure as the inability to make good decisions and the preference for bad ones. The time for weeping has come.




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