On 11/14/2013 10:44 PM, Steve Kates wrote:
> I have for many years found Keynesian demand side analysis
> utterly wrong but where was the evidence? Now we have had
> a radical experiment in economic policy across the world
> and if it is not obvious beyond argument that a Keynesian
> stimulus will not work then I don't know what conceivable
> evidence there could ever be that would convince anyone
> just how poorly structured the underlying Keynesian theory
> is.
This is just a way of saying you are not following the
empirical work. Hopefully science will never rely on
what is "obvious" to individuals, since it is "obvious"
that the Sun circles the Earth.
Cheers,
Alan Isaac