Author Topic: [Auto Post]If Only Keynes Had Run A Business  (Read 650 times)

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BT

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[Auto Post]If Only Keynes Had Run A Business
« on: July 30, 2010, 10:00:09 AM »
If Only Keynes Had Run A Business
                                       


 Warren Meyer, Forbes
I have given up on macroeconomics.Certainly it is a worthy field of study. But the science is too young, the systems it studies are too complex, and its practitioners are too often politicized for me to take its prescripts seriously in most policy debates.emailprintreprintnewslettercommentssharedel.icio.usDigg It!yahooFacebookTwitterRedditrssLast week President Obama visited a new stimulus-funded electric-vehicle battery manufacturing facility in Michigan. The factory produces a product for which there is virtually no market, where worldwide manufacturing capacity already outpaces demand by a...

http://www.realclearpolitics.com/2010/07/30/if_only_keynes_had_run_a_business_238660.html