On Mon, Jan 12, 2009 at 2:52 PM, Ken Schaefer <[email protected]> wrote: > And for the other major sector of the economy (the government) – if they > couldn't borrow either, the Depression would have been much worse (Maynard > Keynes – a rather famous economist – wrote a rather revolutionary book on > aggregate demand and equilibrium in the economy).
As a non-productive entity, the government doesn't contribute to the economy, it is a drag on the economy. Keynes was wrong on just about all counts. For a better understanding, try Murray Rothbard's or Ludwig von Mises' works, but not Milton Friedman. Kurt ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
