Ce-ar face Keynes ???

Cine vrea sa afle dedesupturile acestei minunate fortografii, in care personalitatea lui Maynard exceleaza in mult visatul rol de prim-balerin, ... sa citeasca articolul Beauty and the Brain

Multi economisti si politicieni isi intorc privirile intrebatoare inspre Maynard Keynes, ale carui teorii se axau pe explicarea si repararea lui Great Depression din 1929, ... unii chiar spera ca solutiile lui ar putea fi valabile si azi.

Cauzele depresiilor sint diferite, insa ambele depresii au un lucru in comun. Inabilitatea lui Federal Reserve (singura care ar putea !!!) ... sa sustina la momentul critic CRIZAAaaaa !!!
Nici atunci (fiindca a fost luata prin surprindere) ..., nici ACUM, desi s-a tinut cont de lectia de atunci si s-au luat diverse masuri (dar vede-se treaba ca nu ALEA de trebuiau ...)
Azi insa, lucrurile au nevoie de o viteza mult mai mare ...

"The problem today is that velocity is falling faster than the Fed can pump up the money supply by buying financial assets, and very low market interest rates mean there has been little net increase in liquidity as a result of the actions the Fed has taken thus far.
What Keynes figured out is that when conditions such as these exist, the federal government must step in to raise spending in the economy and thereby increase velocity. This means running a budget deficit, but that is only part of the solution. As noted earlier, spending just to buy financial assets does very little good.
[...]
Keynes argued that the only thing that will really work is if the federal government uses its resources to purchase goods and services. It must buy "stuff"--concrete, computers, paper, glass, steel--anything as long as it is tangible. In other words, the government must spend the way households do, by buying things. ....."
(articolul continua: "What Would Keynes Do?" )

Modelul economic al lui Keynes incorporeaza "automatic stabilizers", care permite jonglarea cu niste masuri "counter-cyclic", intervenind prompt in cursul unui "business cycle", fara sa existe nevoia amestecului guvernamental.

(a) Income Tax: "... for those who believe in managing business cycles, we should have a perfect world: If the economy overheats, the stabilizers tamp it down by eating larger chunks of everybody's income (adica cresc taxele ...) and easing up on transfer payments. If the economy droops, the stabilizers ease up on tax collections (letting businesses and individuals keep more of their own money) and motor out tons of transfer payments. economy."

(b) "Plus--here's the Keynesian bonus--in bad times, the stabilizers plump up those two favorite tools of macro-management: the budget deficit and government spending. When a downturn strikes, the deficit swells, because the government is taking in less tax revenue and spending its heart out on transfer payments."
(mai mult, in art. "We need more than just the old guy's photo...")

CONCLUZIA GENERALA a celor care bla-bla-bleaza este ca ... toate solutiile care se pot lua AZI ..., sint proaste, CONTRA-productive, insa ... inevitabile (adica CEVA tot trebuie facut !!):

"... an active government--at its best--generates confusion and inefficient second-guessing. Inconsistent or rapid changes in policy create uncertainty and prevent people from making good decisions.
The best approach for government is to stick to long-term policies that create incentives for private sector to work and invest. Even a bad policy is OK in the sense it can be surmountable if people know it's here to stay and can take steps to protect themselves.
In short, a return to the bad old days of Keynesianism is as counterproductive as it is, seemingly, inevitable."