Friday, 12 November 2010

The Keynesian long-run

Hat tip to Angry Teen for flagging up this Channel 4 documentary "Britain's Trillion Pound Horror Story"... so how about listening to the economists who told you all this fucking decades ago?

(For those of you with a certain perversity to your nature, check out Richard Murphy's 'Tax Research pseudo-blog, to see him wailing and gnashing his teeth over the programme, but watch out, his economic ignorance is so vast in scale, it may collapse in on itself at any moment, rending the space-time continuum and sucking us all into oblivion. There are some great comments, such as "How on earth was this allowed!" Har har).

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