Spradley Family Blog

Kristol, Kalecki, and a 19th Century Economist Defending Patriarchy all on Political Macroeconomics. « Rortybomb.

There’s an interesting idea here, presented primarily in the quotation from Kalecki from 1943.  The idea is that “business leaders” want to be in control of unemployment — that’s the real point of supply-side economics — but Keynes showed how the government could actually control unemployment, if it dares.  And since ten, the business community has been whining about lack of “confidence” as the cause of unemployment, whenever the government screws up (screws the people) and lets unemployment rise.