Stimulating consumption won’t help economy
Future of Freedom Foundation
by Sheldon Richman
01/16/09
Anyone with common sense and innocent of Keynes’s crackpot views will wonder what the fuss is. Saving and paying off debt are generally seen as wise for individuals, so it makes no sense that they are bad for society as a whole. Yet that is what we our ‘leaders’ expect us to believe. Ask yourself: can you consume your way to prosperity? Of course not...
https://www.fff.org/comment/com0901g.asp
Informant: Thomas L. Knapp
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=Keynes
https://freepage.twoday.net/search?q=consumption
https://freepage.twoday.net/search?q=Sheldon+Richman
by Sheldon Richman
01/16/09
Anyone with common sense and innocent of Keynes’s crackpot views will wonder what the fuss is. Saving and paying off debt are generally seen as wise for individuals, so it makes no sense that they are bad for society as a whole. Yet that is what we our ‘leaders’ expect us to believe. Ask yourself: can you consume your way to prosperity? Of course not...
https://www.fff.org/comment/com0901g.asp
Informant: Thomas L. Knapp
https://freepage.twoday.net/search?q=stimulus
https://freepage.twoday.net/search?q=Keynes
https://freepage.twoday.net/search?q=consumption
https://freepage.twoday.net/search?q=Sheldon+Richman
rudkla - 19. Jan, 09:36
