Keynesian Economics Is an Artifact of Cheap Energy

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7.03.2018 – Keynesian Economics Is an Artifact of Cheap Energy

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Printing / borrowing money to generate the unsustainable illusion of “growth” sets up the collapse of the entire Keynesian edifice.
Of the many delusions of modern economics, perhaps the greatest is that the dominant Keynesian model reflects permanent dynamics of advanced economies. Economics, along with other social sciences, makes


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