Showing posts with label Keynes. Show all posts
Showing posts with label Keynes. Show all posts
Wednesday, December 25, 2013
A Homely Analogy for Keyneseanism
Keynes is like you lose your job because your industry went up in smoke, so you borrow money if you can to get training in a new line of work, to get a suit to go to interviews, to get a car if there's no longer work in walking distance, OR, you keep yourself busy doing productive things, prettify your house and garden, work out like you never did before.
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