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Unread 7 Aug 2009, 15:00   #48
Tietäjä
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Re: Is Bigger Government Better

Quote:
Originally Posted by JonnyBGood View Post
this instead.
Believe is a nice word. The Onion (yes, Shindler-Akerlof-Animal-Spirits) put it along the lines "every American deserves a false sense of security". Liquidity trap is really what the likes of Lucas and Krugman are fussed about; a lot of people find a liquidity trap a relatively uncomfortable a state. Libertarians call it "slow adaptation".
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