WhatFinger

Paul Krugman's simplistic view of the economy, among other things, ignores the fact that government stimulus handouts usually are targeted by Congress to favored special-interest groups

The Business Cycle: Krugman vs. Austrian Economic Theory


The Keynesian black-box doesn't work, because the reality of independent actions by millions of individuals is ignored in order to achieve a simplistic representation of the economy in computer models.
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