An Ideal Guide to Keyness Dangerous and Destructive Economics - David Gordon - Mises Institute

Keynes had much more in mind than a cure for depressions

michaltheil

11/12/2009

Keynes had much more in mind than a cure for depressions. He thought that boom conditions could be permanently maintained by lowering the rate of interest nearly to zero. In that way, the scarcity of capital could be ended.