Mar 13, 2010

Hay que hacerlo funcionar

Pensar la cantidad de gente que sigue insistiendo con estas propuestas. Y, por supuesto, los populistas de países como Argentina ven que lo aplican en EEUU y te dicen “¿cómo acá no si lo hacen hasta en EEUU?”:

When Dorothy and her friends finally reach Oz, they present themselves to the almighty Wizard, only to eventually discover that he is just an illusion maintained by a charlatan hiding behind a curtain. This seems eerily akin to to the state of Keynesian economics. It does not matter that Keynesianism isn’t working for Obama. It does not matter that it didn’t work for Bush, or for Japan in the 1990s, or for Hoover and Roosevelt in the 1930s. In the ultimate triumph of theory over reality, the Keynesians say all that matters is the macroeconomic model behind the curtain showing that more government spending leads to more jobs and growth.

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