“Thomas Edison is known to have said the following: ‘I have not failed. I’ve just found 10,000 ways that won’t work.’  Unfortunately, instead of Keynesians admitting defeat (like they should have at least 40 years ago) they’re gonna go all Thomas Edison on us. This ‘experiment’ turns out to be nothing new at all, but the same old same old. So welcome Japanese citizens to the world of being a lab rat. We Americans have been poked and prodded ourselves for many years, and appreciate your company.  Failed ideas die hard (e.g. Marx’s ideas died hard). Unfortunately, the mad scientist Keynesians will refuse to give up until economic law forces them.”

http://www.economicpolicyjournal.com/2013/06/keynesians-use-thomas-edisons-advice.html

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