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<blockquote data-quote="Werewolf" data-source="post: 1788359" data-attributes="member: 239"><a href="http://townhall.com/columnists/johnhawkins/2012/05/08/7_reasons_liberal_economic_policies_dont_work/page/full/" target="_blank">An article providing 7 reasons why liberal economic policies don&#039;t work - well worth a read.</a>One thing of note is the author&#039;s contention that Keynesian economics doesn&#039;t work. His explanation makes a lot of sense. I&#039;d have argued that particular contention with him 20 years ago though. I was taught that Keynesian economics is what pulled us out of the great depression. Since then most economists have changed their minds about that and have published a number of studies showing that if it weren&#039;t for FDR&#039;s policies that the depression probably would have ended in 1934.Ah well - nuff said about that. <a href="http://townhall.com/columnists/johnhawkins/2012/05/08/7_reasons_liberal_economic_policies_dont_work/page/full/" target="_blank">Here&#039;s the article</a>. Take a look.</blockquote>

[QUOTE="Werewolf, post: 1788359, member: 239"] [URL="http://townhall.com/columnists/johnhawkins/2012/05/08/7_reasons_liberal_economic_policies_dont_work/page/full/"]An article providing 7 reasons why liberal economic policies don't work - well worth a read.[/URL] One thing of note is the author's contention that Keynesian economics doesn't work. His explanation makes a lot of sense. I'd have argued that particular contention with him 20 years ago though. I was taught that Keynesian economics is what pulled us out of the great depression. Since then most economists have changed their minds about that and have published a number of studies showing that if it weren't for FDR's policies that the depression probably would have ended in 1934. Ah well - nuff said about that. [URL="http://townhall.com/columnists/johnhawkins/2012/05/08/7_reasons_liberal_economic_policies_dont_work/page/full/"]Here's the article[/URL]. Take a look. [/QUOTE]

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