Blogging from the Highlands of Scotland until I return to the Murcia region of Spain in the Autumn for a month or so
'From fanaticism to barbarism is only one step' - Diderot

Saturday, 28 July 2012

Keynesian Economics - the illusion exposed

So you STILL think a Keynesian economic model is a good way to run an economy do you? For many years I have believed it is a dangerous drug with disaster written into its genes. The financial madness we are currently living through is but the latest episode. People want to blame someone else, anyone else, the current targets are 'greedy bankers' and the financial markets, when they should really be looking themselves in the mirror - politicians are afraid to tell voters the truth and the voters are quite happy to go along with the lie, indeed the voters punish any politician sufficiently mad or courageous (take your pick) to puncture the myth. Watch this to see the whole scam laid bare, almost literally:



Me? I haven't believed in Keynesian scam economics for a long, long time - a much better, healthier system is available though, commonly known as Austrian Economics. You? You have to ask yourself a very simple question - do you want to waken up and face reality or do you want to continue to take the soma, which in this context is all that Keynesian economics represents?

No comments:

Post a Comment

Welcome to my comment area. Whilst all comment is welcome you are requested to respect the views of others. To read full terms for use of this facility, please visit my 'Terms of Use' section, linked to under the 'About this Blog' heading at top right of the blog. Note added 12JUL2010 - All comments will now be pre-moderated before they appear in this blog; this is a measure to prevent 'spam' commenting, which has become frequent of late. Thank you.