Takashi Kiuchi on the Faults with Modern Economics
by: BigPictureTV
Running Time: 269 seconds
Published: 2011-01-07 05:27:17
Takashi Kiuchi believes that aspects of modern economics are outmoded. The Keynesian economic model is one example, with its emphasis on maximizing demand in order to secure full employment. Gross domestic product (GDP) as the key measure of economic progress is another.
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