Sunday, September 21, 2008

History returns with Keynesianism back in US

History may really end in the very long run with the Manichean victory of 'free market' capitalism, but, in the immediate short-run, the Wall Street still needs state intervention. As British economist, Lord John Keynes once insightfully remarked: "in the long run, we are all dead".

American views on world politics, 1989-2001


Post a Comment

<< Home