Category Archives: price mechanism

HAYEK vs OBAMACARE

Posted on January 14, 2011 by Greg Ransom

The Economists takes a look.

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Keynesian fail – manipulating “aggregate demand” does not equalibrate the supply and demand for inputs

Posted on July 19, 2010 by Greg Ransom

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 … Continue reading →

Posted in Keynes, labor, price mechanism | 4 Comments