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	<title>Comments on: Bring back cool reasonable voice of Keynes&#8230; in the FT</title>
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		<title>By: Steven Shaw</title>
		<link>http://www.debtonation.org/2008/09/bring-back-cool-reasonable-voice-of-keynes-in-the-ft/comment-page-1/#comment-177</link>
		<dc:creator>Steven Shaw</dc:creator>
		<pubDate>Tue, 30 Sep 2008 10:12:31 +0000</pubDate>
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		<description>I am not an economist. I heard that there was a flaw with Keynes theory: stagflation. I&#039;ve been 

reading about Austrian economics (such as &quot;Economics in One Lesson&quot;). It has a lot of appeal and makes much sense to me. I personally like the idea 

of a safety net though that isn&#039;t reliant on charity/philanthropy.

A return to a gold standard has some appeal. It would mean that money 

was a commodity and could operate like other commodites as you say. Another reasonable alternative is to have a fixed amount of fiat money 

(including debt - broad money I think).

I look forward to the talk of reform that this crisis will bring. Let&#039;s hope the depression isn&#039;t 

long and deep.</description>
		<content:encoded><![CDATA[<p>I am not an economist. I heard that there was a flaw with Keynes theory: stagflation. I&#8217;ve been </p>
<p>reading about Austrian economics (such as &#8220;Economics in One Lesson&#8221;). It has a lot of appeal and makes much sense to me. I personally like the idea </p>
<p>of a safety net though that isn&#8217;t reliant on charity/philanthropy.</p>
<p>A return to a gold standard has some appeal. It would mean that money </p>
<p>was a commodity and could operate like other commodites as you say. Another reasonable alternative is to have a fixed amount of fiat money </p>
<p>(including debt &#8211; broad money I think).</p>
<p>I look forward to the talk of reform that this crisis will bring. Let&#8217;s hope the depression isn&#8217;t </p>
<p>long and deep.</p>
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