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Old 12-11-2005, 02:32 AM
Borodog Borodog is offline
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Join Date: Jan 2004
Location: North Carolina
Posts: 5
Default Re: To libertarians / Rand clones

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Keynsian economics works.

If by "works" you mean never-ending malinvestment booms and inflation alternating with crashes, recessions, and depressions characterized by high unemployment and business failures as the market attempts to liquidate those malivestments, then sure. It "works."

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It temporarily raises GDP at an overall cost.

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And this is a good thing how?
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