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The real world fits neither of the requirement for eithr of the economic ideologies discussed i.e. Keynesianism or monetarism.
Dec 25 08:10 am
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All Comments by morph366 »Waiting for the Death of the Chicago and Keynesian Schools [View article]
Too many fudges and band aids have been stuck on to the global financial system. If you take human empathy and well intentioned altruism out of the equation - which surely we shouldn't do, especially at Christmas time -:) - then we should be looking at a Darwinian solution to the world of making money.
As it is we will have to muddle our way through the current "difficulties" with more invocations of hope and the ingenuity of human nature to overcome adversity.