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Tipsheet

Keynes: Not Our Rock

Joseph Lawler has a good explanation of the failed Keynsian model and why it's so popular during a depression.
Keynes, then, is like the foul-weather friend of economists, appearing only when times are tough....Keynes's ideas...lose their luster when the economy is not in crisis.
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The piece is especially timely given the criticism over "the point" of the tea parties, launched by those who can't stomach the idea of conservative grassroots activism. Sorry, critics - it seems like there's very little NOT to protest about our government's economic policies at the moment, given that the very foundation they're based on is crumbling.

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