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Source link: http://archive.mises.org/18007/neue-zurcher-zeitung-calls-for-an-end-to-keynesianism/

Neue Zürcher Zeitung calls for an end to Keynesianism

August 8, 2011 by

At least this German paper gets the point. “Die Zeit andauernder keynesianischer Nachfragestimulierung muss enden.”

{ 7 comments }

Gangrenebacks August 8, 2011 at 5:31 pm

And how does one “end” Keynesianism? Are we looking at a revolution within University Economics Departments?

Good luck with that.

El Tonno August 8, 2011 at 6:17 pm

It’s a Swiss Paper. Pretty much the local NYT I would say.

Nuke Gray August 8, 2011 at 7:37 pm

I just read a letter in a paper that said that Keynesianism should mean that governments save some of the money in the good times, and spend it in the bad times. If that is all it is, why don’t they call it Josephism? Joseph advised Pharoah to save during the seven boom years ahead, so Egypt could survive the seven bad years after that. Why does Keynes get the credit?

Gangrenebacks August 8, 2011 at 9:34 pm

Should, schmould.

Daniel August 8, 2011 at 10:28 pm

When has any [modern] government ever acted this way?

Habitual Lurker August 9, 2011 at 9:08 am

Pharoah didn’t spend that wheat, he sold it. Do you not remember how some men had to trade all their property for some wheat?

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