Thursday, March 26, 2009

Higgs on Vulgar Keynesianism

Robert Higgs (RH) dynamites what little remains of Keynesianism at Intellectual Conservative, 15 March 2009. In my first undergraduate class in economics, I concluded there was something wrong with "multipliers". RH rocks, link: http://www.intellectualconservative.com/2009/03/15/recession-and-recovery-six-fundamental-errors-of-the-current-orthodoxy/

1 comment:

Jr Deputy Accountant said...

"vulgar" is the perfect word.

I would have gone with "moronic" but that works much better.

Jr