Thursday, February 24, 2011

Economists deliberately avoid a government model

John Goodman on Government Failure:
Why is our perspective so different from so many other health policy analysts? I think the answer is: the vast majority of people in health policy do not understand the concept of “government failure.” 
It is worse than John explains. Economists of the Keynesian variety deliberatly promote anti-democratic models, it is built in. There model presupposes that elites run around the nation discouraging the democratic process.   Keynesians have deliberately taken advantage of the undemocratic Senate, look no further than the trashing of Nevada by Senator Reid, or the huge bills heaped upon Californian counties by larger government actors.  Keynes whole principle was monarchy by the elite. They seek programs that prevent the adative adjustments in government structures, they cause depression and war.

Fortunately they have been caught in their scam. We now have network models that predict the damage and wars caused by Keynes and the elitists. e can hold them back for a while,  but they always resurge and require constant vigilence.

HT Econoblog

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