On Sun, 23 Aug 2009, Doug Henwood wrote:
> Keynes said that profit inflations were a great time for culture - an
> example he gave was Elizabethan England. 1982-2005 was a great profit
> inflation. What'd we get?
Mightn't Keynes have been drawing a curve through 2 points? The original American gilded age had shit for culture, no? The money mainly fueled an explosion of epicurianism and investment in blue chip art from overseas.
Michael