- LK shares this article on the conversion of the American business community to Keynesianism.
- Peter Boettke on the new Farrell and Quiggin paper on Keynesianism in the Great Recession. I haven't gotten a chance to read it yet. What did you all think of it?
Tuesday, March 13, 2012
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I thought that the Farrell/Quiggin paper superbly explained the Keynesian resurgence quite well. Too bad the resurgence didn't last long, but I think it did some good. Time will tell whether Keynesianism will last in the academic community.
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