A basic understanding of the price mechanism exposes the pseudo-science of Keynesian economics:
It was John Maynard Keynes .. who ultimately succeeded in rehabilitating a view long the preserve of cranks .. He had attempted by a succession of new theories to justify the same, superficially persuasive, intuitive belief that had been held by many . . . → Read More: Keynesian fail – manipulating “aggregate demand” does not equalibrate the supply and demand for inputs
