The Keynesian Crash? | Seeking Alpha
- Stockmarkets tumbled almost everywhere in the first couple of weeks of the year, and some predict they will crash.
- This is blamed on Keynesian economics, in the name of which debt levels were bloated and inordinate amounts of money printed.
- We’re not so pessimistic and we’ll try to show that there is much wrong with this analysis, and Keynesianism is much less to blame for the excesses.
Source: The Keynesian Crash? | Seeking Alpha
Tags: Economics · The Markets