seems like we are all reading 'keynesianism for dummies' (or how i learned to love contracyclic economics and full employment) in daily installments here.

watching italians mourning the deaths from bad weather in sardegna (some avoidable if rescue efforts had been better funded, not to mention flood prevention schemes made with shoddy cement or stalled in piles of bureaucracy), while contemplating the latest edicts from the troika, or the price of new  -apparently indispensable- f-35 jets, it seems like some are slowly getting it that it doesn't have to be this way.

and it always comes back to what keynes pointed out quite clearly to non-dummies so long ago.

so keynesianism needs to be spelled out in no uncertain terms as the true understanding of how economies work.

'renter euthanasia' needs to become as common a parlance as 'power to the people' or 'workers of the world unite'. right now keynes' prose, elegant, succinct and logical as it is, flies right over most folks' heads... whooooosh!

yet is keynesianism really above the intellectual range of a 12 year old, if rendered in such a way as would be the most pedagogically advanced? we have surely come a long way since then at simplifying matters once deemed too arcane for public consumption, like relativity, quantum theory and mechanics etc.

doubtless there are scads of funny, creative vids on utoob, maybe that's the way forward as more kids watch them than read... economics is veiled in mystification, but even the most counter-intuitive parts of keynes' reasoning is utterly coherent with history so really shouldn't be rocket science, it seems after perusing all the motley ruminations on ET since the net was knee-high.

ET's brainz trust could definitely write it, a good cartoonist would help a lot too.

then we could all help it go viral, sharing until our mice beg for mercy.


'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty