A Microeconomist’s Protest »
Posted By populist 8 months, 1 week ago in NewsThe Keynesian worldview seems to have led to increasing stridency and dogmatism about economic stimulus, which has dominated the headlines for several months. There used to be a joke that you can teach a parrot economics—all it needs to say is “supply and demand.” Now it is even easier to teach a parrot the policy prescription to prevent a major recession: All it needs to say is “stimulus.”
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