tag:blogger.com,1999:blog-4186415378654488861.post9093813296968383174..comments2023-12-27T06:22:48.057-08:00Comments on Blended Purple: Too Much Capacity, Too Little DemandPurplehttp://www.blogger.com/profile/15279006503378899442noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4186415378654488861.post-9018676245585082802011-01-07T02:15:39.886-08:002011-01-07T02:15:39.886-08:00I like this old post, BP. Thoughtful. I like your ...I like this old post, BP. Thoughtful. I like your attention to "the end of the post World War 2 boom."<br /><br />You write: "The push to increase demand in developing countries represents an attempt to reduce worldwide excess capacity through increased aggregate demand."<br /><br />Keynes wrote: "But if nations can learn to provide themselves with full employment by their domestic policy (and, we must add, if they can also attain equilibrium in the trend of their population), there need be no important economic forces calculated to set the interest of one country against that of its neighbours."<br /><br />ArtThe Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.com