Saturday, December 31, 2011

Krugman: Keynes Was Correct!

A succinct and persuasive summary of why policy-makers should be following Keynes's advice and not shunning it. I agree. Remember: Keynes in a crisis; Hayek over the long-term. (Hayek the theorist of limited human knowledge, not the monetary theorist.)

BTW, I've got Wapshot's Keynes Hayek to start reading. So many books, so little time!

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