:: Friday, March 12, 2010

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A Business Standard editorial today says “We just may have the makings of a painful trade-off between sustaining growth and fiscal discipline”. Essentially that we may have to “government spend” our way out of the economic crisis.
Keynesiansim is now rampant in the press, more often implicit than explicit. The doctrine however is not somehow “purely [...]

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Fallacies keep getting resurrected after repeatedly being proven wrong. People attach themselves to fallacies because the often relieve them of taking responsibility for their own lives.

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