Wednesday, July 21, 2010

Keynes was right. For an example, see how well Germany is doing.

From Der Spiegel:
During the worst of the global financial meltdown, Berlin pumped tens of billions of euros into the economy and spent hundreds of billions propping up German banks. Now, the country is reaping the benefits as Germany is once again Europe's economic motor.

Why can't some politician see Economics as a science rather than as a political philosophy?

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