Wreckonomics
umair haque
22533

I think this oversimplifies in a lot of ways, here are a few:

  1. It says “the West”, but it’s always thinking of America. Lots of places in e.g. Europe have quite different ideas.
  2. In America we’ve recently had Obamacare, a great step in the opposite direction, and even with dominance of both houses and a president the Republicans are having trouble getting rid of it.
  3. Within the last ten years we’ve had the “We’re all Keynesians now” period. So at most this dominance of other schools must be a recent trend.
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