Sunday, October 23, 2011

The Fact That It Wasn't Able to Adequately Explain Away "Stagflation"

What would be my answer to the question, "So, what in your opinion, is the most legitimate criticism of Keynesian economics?"

2 comments:

Commander Zaius said...

I follow the much voiced idea that if you have ten economists in a room discussing their "science" you will get at least twelve different opinions on how things work.

Will "take no prisoners" Hart said...

No argument here, Double b. They're right up there with psychiatrists in that regard.