Keynesian economics — dead all over again

Andrew Coyne on the failure of the great Keynesian experiment of 2008-2010.  Coyne is interviewed on the topic here.

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2 Responses to Keynesian economics — dead all over again

  1. Daniel Kuehn says:

    What Keynesian experiment of 2008-2010?!?!?!?!?!?!?!

    You must be looking at different numbers than I am.

  2. Greg Ransom says:

    Daniel, the are no scientific experiments in economics, in the strict sense.

    There was a massive “stimulus” effort that didn’t do what the Keynesians said it would do — and I believed harmed the country.

    And now there is Europe in jeopardy of further serious crisis.

    But when I link to a commentary with a description of its contents, no one should infer that the thoughts of the commentator are strictly my own. The commentary does stand up as interesting in its own right, and my description fairly characterizes its argument.

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