On Tue, Aug 9, 2011 at 3:34 PM, Douglas Roberts <[email protected]>wrote:

> The market is positively schitzophrenic.
>

Hi volatility is considered a sign of onset of chaos.

Keynes said it: markets can be at equilibrium at any level of productivity.
 Thus his spend to move demand upwards.  Sounds OK to me.

He didn't have republicans.

        -- Owen
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