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Apologies if I misrepresented him. As you say, he did think digging and filling holes would be good for the economy. And I think for people unfamiliar with hi
by tuna-piano 10y ago
Apologies if I misrepresented him. As you say, he did think digging and filling holes would be good for the economy. And I think for people unfamiliar with his reasoning, that is the example that is most clear of his viewpoint: that deficit spending is good during recessions, regardless of that spending's actual value.
- Frondo 10y agoJust to clarify, because again you're kind of misrepresenting him: digging and filling holes is better than nothing in a depression.