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IMHO we need Keynesianism updated for the Internet Age.
Agreed. Funny you should mention it. We were discussing just this issue in Socratic Economics XI National Accounts a week or so ago. I inquired as to the financial prospects for a from scratch recreation of the General Theory that adapted it to the global economy. Mig thought it would be a cult classic and said:
What you're looking for is a Feynman Lectures on Economics, so to speak,...
Why do I suspect that if you were to write such a work you would find yourself practicing economics from Finnigan's Cave? Or are there still more sinister methods of enforcing "market discipline" on the recalcitrant? "It is not necessary to have hope in order to persevere."
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