February 11, 2008

Keynes v. Friedman

Why are we still arguing about supply-side economics? It's an economic question with enough history behind it to have come up with an answer by now. So why are there still two sides? Are we actually arguing about the results now, or are we just debating on the "righteousness" of the approach? It's like arguing that the Patriots won the SuperBowl because you think they're a better team and SHOULD have won. But, that doesn't change the score.