The “Keynesian revolution” took place long before Keynes approved of it and fabricated a pseudo-scientific justification for it. What he really did was to write an apology for the prevailing policies of governments.
Stuck in a trap of their own making
Jeff and Bob take a look at the misnamed “World Economic Forum” and its conference this past week in Davos, focusing on their recently published report.
Involuntary unemployment in a free market economy is simply not possible.
(Entrepreneurs) “should be on the offensive, claiming, forthrightly, that what you’re doing is profoundly ethical—that you’re providing free people, free customers, the option to make free choices about what they value.”
If you don’t know the real cause of a problem, you will not be able to definitively solve it.