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Old 10-27-12, 11:03 AM   #19
CCIP
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I should also point out that it's bizarre to talk about Keynsian economics as a policy - I don't think any state or party had ever adopted them wholesale. If we're talking about the idea of deficit spending - well, that's just another tool in the shed of capitalist economies. Like any tool, there's good uses for it, and there's not terribly good uses for it. Same goes for practically anything. Any economic policy based purely on ideology is, by default, stupid. Any economic policy that throws out a tool based on ideology is just as stupid.
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