Wednesday, February 24, 2010

Frank Field Against Neo Keynesian Views

Frank Field actually has an amazing argument. Niall Ferguson should get into bed with him. Will Hutton should go jump into a tar-pitch lake. There is no Left or Right. There is BAD economics, which in addition to all its other faults, is economics without enough regard for good accounting. And there is GOOD economics, which requires as a minimum that honest, truthful and balanced accounting is essential for a healthy Economy.

Never mind the fight between Good and Evil. Today the fight is between the GOOD economics and the BAD economics, not Labour, Liberal or Tory, nor Left nor Right. Politicos are dinosaurs if they don't get on message.

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