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Getting It Backwards
Steve Saville
10/14/2012
www.speculative-investor.com
If we were forced to zero-in on one error of the Keynesian school of economics it would be this school’s fixation on “aggregate demand” as the driver of the economy. Putting aside the fact that the economy is not an amorphous mass that can be adequately described in terms of aggregates, in the real world [...]
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