Originally Posted by bitonti
it's a loose definition of "miserable failure" 1st world nations use Keynesian theories all the time and life is still relatively good. You are posting on the internet in what I assume to be air-conditioned freedom. 9% unemployment might be a tragedy in the cable news media but it's not all that bad, relatively speaking. Its no zombie Apocalypse.
and even if I grant the idea that they've failed, for the sake of argument, what do you suggest to replace Keynes? what is better?
some from columnA, some from columnB, etc.
Little govt intervention is best, but not full deregulation - Corp. America has proven many times they can't fully be trusted.