Re: wankers. -- NOT FAIL
The Entrepreneurial State
I opened it then closed it.
It's total, utter crap and totally at odds with anything real and what I encounter around me. Or with common sense. The author must be pissing from high up the ivory tower.
Indeed, as Keynes noted, it is the publicly funded organisations of the state that have the animal spirits.
Keynes was also one of those people that manage to actually NEVER be right about anything. But he managed to lather his writings into so much high-falutin bullshit that politicians and academics alike could reasonably claim that reasonable policy was being described, and thus could follow their instincts to generate free money. Which brings us to today's neverending economic meltdown.