HomeschoolEducator Wrote:
Nov 10, 2012 12:06 PM
I taught college economics for 5 years. I have read Keynes. His theories work only in the vacuum of a limited supply of money for private citizens and an unlimited supply of money for governments. Any government on the planet that instituted his policies saw IMMEDIATELY that they did not work. Governments cannot have an unlimited supply of money...that money comes from the LIMITED supply held by private citizens (and corporations). Keynes theories have been tried (repeatedly) and have failed (repeatedly). Those who do not learn from history are doomed to repeat it.