As the relentless forces of globalism seemingly march towards complete domination of our economic environment, it’s fascinating to see the most ancient and local of all economic forces starting anew in the United States: the market. Yesterday, I walked about 3 blocks from my house to the local Saturday Market (the “farmers’ market”). It’s only [...]
Keynesian Allure
Posted on January 14th, 2009 by mark in Economics & Politics
“You have no idea how bad it was… Roosevelt had to do something.” This is the answer you are likely to get if you ask someone who lived through the Great Depression what they thought of FDR’s policies. The situation was unbearable. Things needed to change and the government responded by trying things (something… anything…) [...]