Capitalist Blog Revolution (III) : We all hate Keynesians now
I predict that before this all is over, anyone promoting Keynesianism will be hung very high. Not because people wont be trying to pretend like it didn’t happen, or wasn’t relevant, or cast the blame somewhere else. Instead, simply because the damage is going to be so horrendously large, and a few countries still stand as reference points – not jumping on the stimulus train. Here is this weeks roundup (feel free to copy and paste on your blog if you wish), sorry for not posting it sooner. As an apology, I wrote a piece specifically for this round.
Silverwolf : President Obama and liberal democrats starving the third world
Daily Capitalist : How long will it last (2.0)
Effor : $11 trillion in debt
The Last Capitalist : Daily’ish Ayn Rand quote (an ongoing series)
Save Capitalism: Keynesians are the new communists (only worse)
And, as usual, a few goodies from economists whose ranks I am still far from joining :
Captain Capitalism
EconomicPolicyJournal :
Stefan Karlsson :
- Treasuries no longer considered risk free
- Chinese exports fall – Domestic demand rise
- Greenspans new denial
Free Advice
Also, if you want a good laugh, I recommend the blogs of Paul Krugman and Brad DeLong. As most of you know, they are more commonly know as the “Double-douche Tag Team”. The intellectual rot has truly gone far. Thats it for now,
//HPX
