On Mon, Aug 2, 2010 at 7:29 PM, gary popkin <garypop...@yahoo.com> wrote: > You don't want to tax production, because production includes production of > capital goods (durables) and production of consumer goods (nondurables). You > don't want to suppress the production of capital goods, because production of > capital goods lays the foundation for increased productivity in the future, > and a higher standard of living for all. > > Keynesians are wrong that an economy needs consumption, consumption, > consumption. >
We need a name for this. Should we call this Popkinism? Popkonianism? Anti-Keynesianism? Surely there must be something better