The Zombie Ideas of Keynesianism
By Ron Paul
Ever since the 1970's, the ideas of Keynesianism have been running on fumes. They've been dead from the neck up since then. However, if there's one thing that governments and bureaucrats have proved throughout the ages, it's that they don't stop following bad ideas voluntarily. Usually it takes a major financial crises to shake them loose. We've experienced one financial crisis after another, and they keep getting worse. The Keynesians are still around (for now) and I had a spirited debate with an individual on Maria Bartiromo's program below. Enjoy!
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