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Bangkok Post
Bangkok Post
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UNBELIEVABLE: Pheu thai s giveaway might just work - The Untold Story

A Pheu Thai Party supporter wears a cap bearing a photograph of Paetongtarn Shinawatra, the youngest daughter of former prime minister Thaksin Shinawatra, during a campaign event in Ayutthaya on March 23. (Photo: AFP)

If one plans to read only one economic analysis article for this year, this is it.

From time of time, economists are criticised as being out of their minds. Keynesian economic theory supporting governmental intervention to stabilise the economy was considered by mainstream economists at the time as being short-sighted.

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