Sunday, December 11, 2011

Heads I win, tails...well, you know

I think Bob Murphy points out an interesting inconsistency in Keynesian thinking in this post. The gist of which is -- the Keynesians apparently realize that not everyone can be exporters at the same time, but seemingly miss how the same logic could apply to their argument about everyone everywhere devaluing their currency.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...