Dr Kelley Ross has a nice section dealing with Kenyan economics on his Kant Fries site.http://www.friesian.com/.. Michael Huemer also I kind of recall. The basic idea is that the driving force of economies is demand, not supply.
My opinion about economies is based on a statement in Rav Nahman's Sefer haMidot-- "If you want to repent be sure not to be in debt." And since I got the idea from Musar books I had read before I discovered Rav Nahman about the importance of repentance, I decided to not be in debt even for a minute.
This related since the way the government works nowadays is based on Kenyan economics. Which is the idea that going into debt is a good thing and it is what drives the economy forward. [They use weasel words to disguise what they mean. They call it the "supply side". But that simply means the more debt you go into, the richer you will be.
My opinion about economies is based on a statement in Rav Nahman's Sefer haMidot-- "If you want to repent be sure not to be in debt." And since I got the idea from Musar books I had read before I discovered Rav Nahman about the importance of repentance, I decided to not be in debt even for a minute.
This related since the way the government works nowadays is based on Kenyan economics. Which is the idea that going into debt is a good thing and it is what drives the economy forward. [They use weasel words to disguise what they mean. They call it the "supply side". But that simply means the more debt you go into, the richer you will be.
