“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
Related posts:
Disturbing: Top Ten Cities for Meetings
Meet CO-TRAVELER: The NSA's Cell Phone Location Tracking Program
Whatever Happened to Peace Officers?
WikiLeaks Launches Criminal Investigation ahead of Obama Visit to Sweden
Dwolla shuts doors to bitcoin companies and virtual currency exchanges
Gold imports jump 102% in Pakistan; ban imposed
Triticum Fever, by Dr. William Davis, author of Wheat Belly
US Admits What Ron Paul Said: "Nobody Knows Who Set Off The Gas"
US August Budget Deficit Soars To $192 Billion, $1.17 Trillion In Fiscal 2012
How to make a fortune out of the upcoming IPOs in Dubai and Abu Dhabi
California Rep. Supported By Banks Pushes For Federal Cryptocurrency Ban
Whose "Provocative Actions"?
Appeals Court OKs Warrantless, Real-Time Mobile Phone Tracking
Lebron James Escorted Through Oncoming Traffic To Concert By Police
Glenn Greenwald: On Prism, partisanship and propaganda