Zeev's Turnips Patch-No Politics (ZEEV)

[ardent jd]

Will,

For an alternative point of view, see this two year old video featuring Milton Friedman:

http://www.uncommonknowledge.org/00fall/526.html

(warning: it is 1/2 hour long, but well worth the time, imo)

It is mainly about government surplus and deficit, but he also devotes some time to addressing the shortcomings of the Keynesian approach. Among other things, he points out that Japan has tried large fiscal stimuli on at least four occasions during its decade long funk, with absolutely no success.