Thursday 12 April 2012

Absolute Proof Say’s Law has Returned and Keynesian Economics is Dead

Catallaxy Files
"If you have any lasting doubt that Keynesian economic policy is utterly dead beyond revival then read the following two passages. The first is from Keynes’s General Theory. This is the very passage in which Keynes overturns Say’s Law by introducing aggregate demand into mainstream economic theory where it had never been found before."

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