Challenging the Premisses
| Start with the debt problem, three views of it,
and the most important thing. Here's a longer look at the debt problem.
Here's a short one on economic policy, some surprising trends, and a few unusual policy recommendations. How'd we get into this mess? Read Policy Venn and Policies of the Venn Overlap. Still with me? Read A Matter of Life and Death. And for an overview, download my 12-page PDF |
One of my favorite lines from Keynes:
It is astonishing what foolish things one can temporarily believe if one thinks too long alone...
4 comments:
And, yes: I'm telling you what I do.
I think he's telling us that without a reality check, you can talk yourself into believing in green sky, red grass, and supply side economics.
Cheers!
JzB
Yeah, of course he is. That's the obvious part :) But the thing I missed for 30+ years is the "it's what he did" part.
The quickest way to build a wrongstory is to adopt the wrong ideas of others. And that, I think, is how economics got into trouble: by building on Milton Friedman's ideas instead of doubting them.
The quickest way to build a wrongstory is to adopt the wrong ideas of others. And that, I think, is how economics got into trouble: by building on Milton Friedman's ideas instead of doubting them.
My quote of the day.
JzB
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