January 18th, 2005

bald australia sepia

guano economics.

I have just learned that google has no hits for Keynes+"batshit insane".

So I just want to make sure there is some page on the web that will eventually get google indexed in which it is made known that according to a friend of mine, who is studying to be a Ph.D. in economics, Keynes would probably find Bush's current policies to be batshit insane. And I quote:
Okay, Keynes isn't the best source, mostly because the science is well past him, but he would stand in amazed bafflement at the idea of borrowing $500 billion in peacetime during an economic expansion. Basically, he'd say we were being batshit insane.