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Friday, June 17, 2011
Who is the real fascist?
This is what Wikipedia says about the Noble prize winning economist, John Maynard Keynes.
John Maynard Keynes, 1st Baron Keynes CB FBA (1883 – 1946), was a British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics, as well as the economic policies of governments.
He greatly refined earlier work on the causes of business cycles, and advocated the use of fiscal and monetary measures to mitigate the adverse effects of economic recessions and depressions.
His ideas are the basis for the school of thought known as Keynesian economics, as well as its various offshoots . . .
Keynes is widely considered to be one of the founders of modern macroeconomics, and to be the most influential economist of the 20th century.
Andrew Napolitano has done a convincing portrayal of a foaming -mouthed fascist advocating a supply side economic argument. Supply side economics is based upon a spin of Keynesian economic theory.
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John Maynard Keynes
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