Friday, May 24, 2013
Europe’s Lost Keynesians by Kenneth Rogoff - Project Syndicate
CAMBRIDGE – There is no magic Keynesian bullet for the eurozone’s woes. But the spectacularly muddle-headed argument nowadays that too much austerity is killing Europe is not surprising. Commentators are consumed by politics, flailing away at any available target, while the “anti-austerity” masses apparently believe that there are easy cyclical solutions to tough structural problems.
https://rightcoast.typepad.com/rightcoast/2013/05/europes-lost-keynesians-by-kenneth-rogoff-project-syndicate.html
Shouldn't Rogoff be sobbing quietly in private, out of the public eye, until the flood of derision subsides?
Posted by: dearieme | May 24, 2013 3:09:04 PM