Keynesian economics has actually come through the crisis with flying colors.After reading this the thought comes to me how an economist could possibly write such a thing. I was tempted to write that Krugman is no Keynesian scholar, has no clue about intellectual history. Nor has he spent most of his career doing macroeconomics.
But then again, this guy already said all this about Krugman.
Sure it has, if you stuff your your fingers into your ears, singing lalalalala (or the equivalent from The General Theory) while covering up for the DC crowd.
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