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	<title>Steve Baker MP &#187; Keynes</title>
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	<link>http://www.stevebaker.info</link>
	<description>One life. Live it.</description>
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		<title>Speech in the budget debate</title>
		<link>http://www.stevebaker.info/2010/06/speech-in-the-budget-debate/</link>
		<comments>http://www.stevebaker.info/2010/06/speech-in-the-budget-debate/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 08:31:02 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Deficit spending]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Pensions]]></category>
		<category><![CDATA[Popper]]></category>
		<category><![CDATA[Wycombe]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=7651</guid>
		<description><![CDATA[Steve Baker (Wycombe) (Con): When I came to the House today, I expected to hear a great deal of Keynesian argument and I have not been disappointed. I am sorry that the hon. Member for Great Grimsby (Austin Mitchell) is no longer in the Chamber, as I wanted to congratulate him on his comprehensive grasp ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/06/speech-in-the-budget-debate/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hayek v Keynes</title>
		<link>http://www.stevebaker.info/2010/01/hayek-v-keynes/</link>
		<comments>http://www.stevebaker.info/2010/01/hayek-v-keynes/#comments</comments>
		<pubDate>Tue, 26 Jan 2010 18:25:26 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Fun]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[Keynes]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=6692</guid>
		<description><![CDATA[Via www.zerohedge.com and econstories.tv, the choice in economics explained through the medium of music:

See also

Banks, economic interventionism and the cause of the credit crisis
Now it’s looking like V for victory over recession

]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2010/01/hayek-v-keynes/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Crass Keynesianism</title>
		<link>http://www.stevebaker.info/2009/12/crass-keynesianism/</link>
		<comments>http://www.stevebaker.info/2009/12/crass-keynesianism/#comments</comments>
		<pubDate>Thu, 24 Dec 2009 12:02:22 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Recovery]]></category>
		<category><![CDATA[Savings]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=6578</guid>
		<description><![CDATA[
This article originally appeared at cobdencentre.org.
Via Thrifty families accused of prolonging the recession &#8211; Times Online, yet more crass Keynesianism:
Anxious families are repaying debts instead of spending in the shops, amid concern over the uncertain economic outlook. The share of income saved in banks and building societies has risen to its highest level in more ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2009/12/crass-keynesianism/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Presentations of capital-based macroeconomics</title>
		<link>http://www.stevebaker.info/2009/05/presentations-of-capital-based-macroeconomics/</link>
		<comments>http://www.stevebaker.info/2009/05/presentations-of-capital-based-macroeconomics/#comments</comments>
		<pubDate>Wed, 27 May 2009 11:47:13 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Favourite]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Powerpoint]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4998</guid>
		<description><![CDATA[Though not for the faint-hearted, this first-class Powerpoint presentation of capital-based macroeconomics &#8212; based on Roger Garrison&#8217;s &#8220;Time and Money&#8221; &#8212; provides helpful animations explaining how the structure of production changes in response to saving and investment. It shows how malinvestment and overconsumption arise.
The original home of these presentations is here, but they have also been ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The End of Mainstream Economics: An Interview with Gunnar Tómasson</title>
		<link>http://www.stevebaker.info/2009/03/the-end-of-mainstream-economics-an-interview-with-gunnar-tomasson/</link>
		<comments>http://www.stevebaker.info/2009/03/the-end-of-mainstream-economics-an-interview-with-gunnar-tomasson/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 07:10:15 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Money]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4147</guid>
		<description><![CDATA[
From an interview with ex-IMF economist Gunnar Tómasson:
Does this mean that generations of students have been brought up on nonsense ideology? For this is ideology, of course.
Gunnar:
Yes, nonsensical ideology. The root of the problem goes back to a point made in the mid-19th century by John Stuart Mill, one of the sharpest minds of all ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is the Economy a Perpetual Motion Machine? &#8211; William L.  Anderson</title>
		<link>http://www.stevebaker.info/2009/03/is-the-economy-a-perpetual-motion-machine-william-l-anderson/</link>
		<comments>http://www.stevebaker.info/2009/03/is-the-economy-a-perpetual-motion-machine-william-l-anderson/#comments</comments>
		<pubDate>Fri, 27 Mar 2009 07:00:19 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Incompetence]]></category>
		<category><![CDATA[Keynes]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=4143</guid>
		<description><![CDATA[]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are you an Austrian?</title>
		<link>http://www.stevebaker.info/2008/12/are-you-an-austrian/</link>
		<comments>http://www.stevebaker.info/2008/12/are-you-an-austrian/#comments</comments>
		<pubDate>Wed, 31 Dec 2008 17:21:25 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[Chicago]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Favourite]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Marx]]></category>
		<category><![CDATA[Mises]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/?p=3164</guid>
		<description><![CDATA[Economics is not a natural science. Unlike physics, you cannot reliably say things like:
For a fixed amount of an ideal gas kept at a fixed temperature, P [pressure] and V [volume] are inversely proportional.
(That is, halve the volume and the pressure will double.)
Unfortunately, many economists and other social scientists think otherwise. Some believe the individual ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2008/12/are-you-an-austrian/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Inflation as a nation&#8217;s salvation?</title>
		<link>http://www.stevebaker.info/2008/12/inflation-as-a-nations-salvation/</link>
		<comments>http://www.stevebaker.info/2008/12/inflation-as-a-nations-salvation/#comments</comments>
		<pubDate>Wed, 17 Dec 2008 07:03:11 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Incompetence]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Keynes]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/wp/?p=2780</guid>
		<description><![CDATA[From mises.org, &#8220;hilarious and horrific propaganda&#8221; demonstrating that dumbing-down is not as new as some like to think:

A better explanation is available here.
]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2008/12/inflation-as-a-nations-salvation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Spending on high street plunges</title>
		<link>http://www.stevebaker.info/2008/12/spending-on-high-street-plunges/</link>
		<comments>http://www.stevebaker.info/2008/12/spending-on-high-street-plunges/#comments</comments>
		<pubDate>Wed, 03 Dec 2008 07:17:47 +0000</pubDate>
		<dc:creator>Steve</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Incompetence]]></category>
		<category><![CDATA[Keynes]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/wp/?p=2434</guid>
		<description><![CDATA[The Guardian reports:
The prospects of a bleak Christmas on the high street are rising sharply as a survey out today shows a big fall in consumer spending in spite of lower interest rates and petrol prices.
Downing Street&#8217;s hopes for a consumer-led recovery fired by a cut in VAT will also be further damaged by another ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2008/12/spending-on-high-street-plunges/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The shifting orthodoxy of economics: Friedman on Keynes</title>
		<link>http://www.stevebaker.info/2008/11/friedman-on-keynes/</link>
		<comments>http://www.stevebaker.info/2008/11/friedman-on-keynes/#comments</comments>
		<pubDate>Fri, 21 Nov 2008 21:57:59 +0000</pubDate>
		<dc:creator>Steve Baker</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Austrian School]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Favourite]]></category>
		<category><![CDATA[Keynes]]></category>

		<guid isPermaLink="false">http://www.stevebaker.info/wp/?p=2294</guid>
		<description><![CDATA[I found &#8220;John Maynard Keynes&#8221; by Milton Friedman. It&#8217;s reasonably short but here are two interesting sections:
Quoting Callaghan:
Experience led to disillusionment with initial Keynesianism on the part not only of professional economists but also of policymakers. The most dramatic evidence came from James Callaghan, when he was the Labour prime minister of the U.K.—the party ]]></description>
		<wfw:commentRss>http://www.stevebaker.info/2008/11/friedman-on-keynes/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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