Login
or
Register
Home
»
Trains Magazine
»
Forums
»
General Discussion
»
Ohio passenger rail service killed by Governor elect.
Edit post
Edit your reply below.
Post Body
Enter your post below.
<p><span style="font-size: 12pt; font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Many people believe in Keynesian economic theory.<span style="mso-spacerun: yes;"> </span>Every bit of Keynesian stimulus has the side effect of growing government, no matter whether it works or not to stimulate the economy.<span style="mso-spacerun: yes;"> </span>So government loves it, embraces it, believes in it, and preaches it. That’s a big faction of Keynesian boosters even if nobody else believed it.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p><span style="font-size: 12pt; font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"><span style="mso-spacerun: yes;"></span>I only judge it by how it is defined.<span style="mso-spacerun: yes;"> </span>In scientific, economic terms, it seems like nonsense to me. <span style="mso-spacerun: yes;"> </span>We are presently conducting the largest-ever practical test of the validity of Keynesian theory.<span style="mso-spacerun: yes;"> </span>But even if it fails, I doubt that the boosters will admit failure.<span style="mso-spacerun: yes;"> </span>Most of them have a vested interest in the practical application of the theory whether it works or not.</span></span><span style="mso-spacerun: yes;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> </span></span> </span><span style="mso-spacerun: yes;"> </span></span></p>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy