In response to:

Sanity: Politically Possible?

Anthony305 Wrote: Sep 30, 2012 12:30 PM
Right. Keynes's theories were adopted and pushed by leftists in academia and government, not because they are an accurate portrayal of how things really work, but because they promote and justify government spending, intervention and control (which is socialism and the exact opposite of what is required for freedom and prosperity). Unfortunately, most of today's economists have been trained in false theory and it's going to be an uphill battle to change things for the better, against the advice of all the "experts".

September 30, 2012

You have perhaps heard the complaint: Stimulus has not really been tried. The politics of recent stimulus packages worked up a mere weak sister of a Keynesian influx, a shadow of the full force required. Most of the money was squandered on the wrong things, much of it was tied up in strange timing protocols, wasted on “tax cuts,” and, besides, too little was dedicated to the task to do it right. We needed many trillions more!

Apparently, the many, many trillions in specifically monetary stimulus — bailouts, cheap interest...