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Keynesian Economic Theory… back in vogue? December 7, 2008

Posted by A Texan In The Professional World in Uncategorized.
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http://pajamasmedia.com/blog/the-fallacy-that-government-creates-jobs/

The above link takes you to an interesting article on Keynesian economics in today’s world. While I don’t think the author gives Keynes sufficient credit, I think the essential premise that the government is not efficient is accurate.
That being said, there is reason to believe that increased government spending may help to some degree. And for the record, the auto industry bailout is not what I’m talking about.

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