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Keynesian Economics: Still Failing After All These Years
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Keynesian Economics: Still Failing After All These Years

BY Loren Heal

Keynesianism is still not working.The central idea of the dominant economic philosophy in Washington, DC, is that when the private economy fails to produce enough demand, the government can and should step in to take up the economic slack. It should have been long since discredited. But like other bad ideas, people keep bringing it back.

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04/30/2013
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