Showing posts with label Friedrich Hayek. Show all posts
Showing posts with label Friedrich Hayek. Show all posts

Tuesday, January 26, 2010

Neither Keynes nor Hayek would be happy

Since Obama seems hell bent on doing exactly the wrong thing at the wrong time, namely proposing a spending freeze while jobs are still being lost, as expounded on by Marshall Auerback , here is a little background as to why this is not good by John Carney of the Business Insider:





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