We are plagued by Keynesian economics at every turn, with the - TopicsExpress

We are plagued by Keynesian economics at every turn, with the message that if we just pump out enough money, all will be well. This Forbes article has a great analogy: What Keynes posited was the equivalent of saying that manipulating scales is the way to attack obesity. Money is a measure of value. Like a clock or ruler, it has little or no intrinsic value. Its function is to facilitate commerce. Yet, the truth is that Vibrant economies, not central banks, create real money, and wealth is abundantly created when tax rates are low, money is stable and regulations are reasonable. forbes/sites/steveforbes/2014/01/22/why-keynes-quack-money-theories-still-hurt-us-today/

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