Steven Horwitz explica:
"... Before the advent of Keynesianism, most recessions were very short lived as producers were left free to shuffle the jigsaw pieces into better combinations. It is the very lack of trust in markets, and the misguided trust in the political process, that Keynesianism produced that now leads us to think stimulus spending is necessary and effective. Hayek and the Austrians give us good reasons to think otherwise...."
Mais
Deflation Deepens as Japan Contraction Risk Intensifies: Economy
By Andy Sharp and Toru Fujioka -
Aug 31, 2012



