Letters

Keynesianism, Le Corbusier and other matters

On Keynesianism SIR: In your July-August edition it is obvious that Peter Smith (“Shadow Boxing with Keynesianism”) lives in the shadows. He needs to live in the real world. I am not sure whether he is for or against Keynes because his understanding is somewhat flawed. Keynes is simple to grasp. Demand is the major factor because it starts the process. We could argue “the chicken or the egg”, however my view is that as with the egg, demand is the beginning and supply follows. Mr Smith seems afraid of demand in whatever form. Similarly macroeconomics is almost a dirty…

Subscribe to get access to all online articles

Digital Subscription

$68/ YR

Get the latest ideas from Australia’s most insightful writers.

Subscribe

  • Digital Subscription includes
  • Online editions of Quadrant Magazine
  • Printed editions of Quadrant Magazine
  • iPad ready PDF
  • Access to Quadrant Archives
  •  
  •  

Printed & Digital Subscription

$87/ YR

For avid readers of leading ideas
from Australia’s brightest.

Subscribe

  • Printed & Digital Subscription includes
  • Online editions of Quadrant Magazine
  • Printed editions of Quadrant Magazine
  • iPad ready PDF
  • Access to Quadrant Archives
  •  
  •  

Quadrant Patron

$300/ YR

Show your support for Australia’s
most open minded publication.

Subscribe

  • Quadrant Patron includes
  • Online editions of Quadrant Magazine
  • Printed editions of Quadrant Magazine
  • iPad ready PDF
  • Access to Quadrant Archives
  • All new editions of Quadrant Books
  • Exclusive invitations to Quadrant Dinners, book launches and events.