Day after day the economically illiterate, whether of the neoliberal or Austrian varieties, turn up on this blog blathering utterly false ideas based on utterly false premises.
They need to understand what Keynes really wrote, and just how preposterous are the ideas they promote.
The best explanation I’ve come across at reasonably short length to date is this:
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
I’m surprised you’re linking to Amazon, the tax avoider, rather than the publisher or the Wikipedia pages…
“They need to understand what Keynes really wrote”. Perhaps “they” might do better reading Keynes himself. He published a fair amount of material in his lifetime. “The General Theory of Employment, Interest and Money” would be a good start, but there is lots more.
Of course the younger generations would need to read a bit of history to get the context.