johnny9fingers: (Default)
johnny9fingers ([personal profile] johnny9fingers) wrote2008-09-17 09:05 am

(no subject)

http://www.guardian.co.uk/commentisfree/2008/sep/17/marketturmoil.usa?gusrc=rss&feed=worldnews

An interesting essay. The idea that there is a periodic swing between Keynsian and Monetarist economic theories, and we're coming to the end of the Monetarist part of the cycle, is one I've agreed with for the past few years. Mind you, so much depends on the US.

[identity profile] vlion.livejournal.com 2008-09-17 05:24 pm (UTC)(link)
Hunh. Besides the automatic "Ha! It's The Guardian and anti-conservative!" reflex, the concept appears to be at least plausible.