Friday, June 24, 2011

Maybe Keynes Wasn't Right

"We don't have a precise read on why this slower pace of growth is persisting," Bernanke said. He said the weak housing market and problems in the banking system might be "more persistent than we thought."
Bernanke: Drags on economy may last into next year

Here's some ideas for you - central planning doesn't work; the free market isn't an idle pipe dream; Keynes was wrong.


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