Heads or Tails, Keynesians Lose
Via Noah Smith:
... John Taylor thinks that our economic recovery has been terrible, and continues to be terrible. He chalks this up to the failure of "Keynesian" policies. I think it would be interesting to see him argue with Tyler Cowen, who says that we are having a good, strong recovery, and that this is evidence of the failure of "Keynesian" macro. ...
Posted by Mark Thoma on Thursday, February 9, 2012 at 12:42 AM in Economics |
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