Dear FTR:

I would like to start a civilized discussion about economics. The God thread has definitely gone off topic and I'd like to branch off the discussion of Austrian and Keynesian economics into this thread.

I recommend you read this book online:
http://jim.com/econ/contents.html

it explains about 99% of what politicians bullshit about, like how the government expenditure improves economy, when in fact lowering taxes the same amount would work the same because people generally spend or invest money when they get it