[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Can anyone plan this? Reply to Douglas Quinby.




>>>>>>>>>Douglas Quinby    >>>>>>>>>>

"I think Keynes, among others, would strongly disagree with Vinay. In
fact, has not one of the great follies of Indian leadership in the last
quarter century been to confuse economic policy with social policy? "

*******
The difference is in Pespective, Douglas !

I read Keynes defferently. He believed in State spending during
depressions/downturns. This puts money in the hands of people which
reduces social tension. So his economic ideas were guided by needed
social objectives.


----------------------------------------------------------------------------
This is a posting to India_Policy Discussion list:  debate@indiapolicy.org
Rules, Procedures, Archives:            http://www.indiapolicy.org/debate/
---------------------------------------------------------------------------