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The Magic Cafe Forum Index » » Not very magical, still... » » Space Aliens Are The Reason For Our Economic Problems (0 Likes) Printer Friendly Version

panlives
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Source: The Ludwig von Mises Institute

http://mises.org/daily/5559/Keynes-and-Space-Aliens

Friday, August 19, 2011


Keynes And Space Aliens
by Clifford F. Thies

Paul Krugman of Princeton University has come up with the ultimate solution to our fiscal problems: Space Aliens.

"It's very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. So, if you think about using all of these things together, you could accomplish, you know, a great deal. If we discovered that, you know, space aliens were planning to attack and we needed a massive buildup to counter the space alien threat and really inflation and budget deficits took secondary place to that, this slump would be over in 18 months."


http://mises.org/daily/5559/Keynes-and-Space-Aliens
"Is there any point to which you would wish to draw my attention?"
"To the curious incident of the dog in the night-time."
"The dog did nothing in the night-time."
"That was the curious incident," remarked Sherlock Holmes.
Pakar Ilusi
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The lack thereof actually... Smile

Where are them Aliens when you really need them?
"Dreams aren't a matter of Chance but a matter of Choice." -DC-
gdw
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I doubt Tom will be criticizing this for having a misleading title, at least he probably wouldn't have had I not mentioned it.
It's amazing, people will criticize you for "biting the hand that feeds you," while they're busy praising the hand that beats them.

"You may say I'm a dreamer, but I'm not the only one."

I won't forget you Robert.
Tom Cutts
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Don't flatter yourself, gdw.
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