By using this site, you agree to our Privacy Policy and our Terms of Use. Close
PDF said:

thranx said:

  I am open to examples of countries that managed to spend their way to success, but I cant think of any. 


China didn't do to bad.  http://www.thenational.ae/business/economy/chinas-economic-recovery-a-tribute-to-keynes

Only because their economy is more closed, and because there is a LOT of price-fixing and general unnecessary real-estate development going on.

Chinese still rapidly move from the country to the city, but the growth of cities is even more rapid. Much of it just seems to be building for the sake of building, similar to the Japanese (although that is truly in the spirit of Keynes, the proposed government paying people to dig ditches and then fill them back up)



Monster Hunter: pissing me off since 2010.