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by imightbebatman 28 days ago
The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites.

To be fair their were good reasons at the time to think it wasn't working either.
1 comments
to11mtm 28 days ago
Worth noting that the Bretton Woods system was -not- quite what Keynes wanted...
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imightbebatman 28 days ago
No, yea that's fair. I think he'd be even more confounded about the current state of affairs though. Just my read.
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