I wonder if anyone
can argue according to its ideas or should only do so if it is within the politically correct, regardless of it is correct or not. It is usual to divide the world into good and evil and think that some respond to certain political ideas and others to the contrary. One rich and other poor , some bad, and some good ...
At this point of global crisis would be interesting to stop for a bit and think if only our ideas are correct or should at least allow a debate.
Probably not Mr. Hayek neither Mr. Keynes are 100 % accurate neither 100 % misguided. But using a Keynes' base for governments spend huge amounts of money trying to "stimulate" the economy, when what they really do is throw money away in exchange for winning some months time, I find most than irregular. Meanwhile, the super- wealthy gentlemen who buy sovereign debt are getting richer while others are becoming more indebted, and therefore poorer... and demanding that markets keep on buying our debt and thereby making us poorer .
I do not know the details for all countries, but it seems none of them have achieved bridle the deficit. And in return keep on issuing debt or print more money hoping to avoid inflation. If we look back, and compare our situation with which we had 5/6 years ago I think we would have vertigo.
Make love, not war... ;)
