[DuncanIdaho]

Now if I understand you right. You're saying that US and worldwide financial markets have been ran by Keynesians for the last 30 years, leading to massive explosion and refutation of all Keynesian theories?

Let me guess - you also believe that Fascism and Nazism are right-wing ideologies?

EDIT: I'm no economist (barely an amateur wiki-economist): but as far as I know (read, heard) Keynes actually argued that money supply management should be "mechanically" managed - without central banks and officials who are corruptible and fallible.

[hga]

WRT to whatever Keynes argued, the idea that any system of mechanical management would avoid capture by the political system is fatuous. Which he should have known.