John Maynard Keynes penned his General Theory in 1936. Faced with the upheaval of 2016, what would a cryogenically frozen Keynes do?

He would get governments to invest in their people and infrastructure and stop worrying about deficits. We’ve done it before, why do we keep forgetting about how it all works?

The only other way, as the article points out, to get us back to full employment is war.. but there is no need for that!

Source: Keynesian economics: is it time for the theory to rise from the dead? | Business | The Guardian

No ratings yet.

Leave a Reply