Tag Archives: John Maynard Keynes

Miscalculation and Adjustments

Something always goes wrong. Plans don’t work out. What you said was a brilliant idea turns out to be obvious nonsense. You miscalculated. You made a mistake, a fundamental mistake, a mistake from which there is no recovery. This is … Continue reading

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Voodoo Time Again

Conservatives have it wrong about Hollywood. Of course Tinsel Town is tacky – sudden unimaginable wealth always causes that – but Hollywood is not subverting America with all its tales of sex and violence, or with its scorn of traditional … Continue reading

Posted in Austerity Economics, Minimum Wage, Voodoo Economics | Tagged , , , , , , , , , , , , | 1 Comment