A Superpower Needs to Emulate an Economic Superhero

Despite its decline in academia, Keynesian economics is still alive and well in the American mainstream and business press. Recent developments in Estonia, however, should undermine that standing but probably won’t. The reason empirical evidence hasn’t driven a stake through the heart of the Keynesian vampire is because Keynes created this house-of-cards theory to justify … Continue reading “A Superpower Needs to Emulate an Economic Superhero”