http://www.capitalismv3.com/2012/02/10/monetarists-picked-the-wrong-allies-in-keynesians/People don’t trust the government. That’s why Keynesian policy wont work. And Monetarists blew their chance when they allied with the Keynesians rather than the neo-classicals and austrians. You can compromise with a competitor. But the citizenry won’t compromise on a government that they don’t trust.
Source date (UTC): 2012-02-11 09:09:00 UTC
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