RE: Nation of Whiners
| In this crisis of capitalism, it’s all well and good to re-read John Maynard Keynes, writes Pulitzer Prize-winning economist Amartya Sen in the New York Review of Books. But Sen also says that we tend to ignore Keynes’s rival Arthur Cecil Pigou, who said market fluctuations are partly driven by psychology, and that we do so at our own peril. [%comments]
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