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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I never said it was good. However, it is a nice secondary benefit when other reasons dictate massive spending.
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