Archive for March 27th, 2012
Aditya Chakrabortty’s Half Baked Keynesianism
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“Remember all that about never wasting a good crisis? Well, we’ve managed to do just that: squander it. Me today. bit.ly/H4DRKd
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“@chakrabortty Your lament about austerity in a slump would have more resonance if you had bemoaned govt spending during the boom
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“@chakrabortty Exactly. You said — “the principal argument of the Keynesians that you don’t cut public spending amid a slump is as true now”
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“@chakrabortty Have you previously advocated that govt reduce its spending during the boom years?
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“@chakrabortty As far as I can see, it is indistinguishable from Vivian Nicholson’s t.co/c3pg4wer am I right or amirite?
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“@PolvolterDnkymn So you have no evidence. Surprise! I shall now proceed to ignore you.
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“@chakrabortty Of course you will ignore me. Because you have no rebuttal. If you had one you would have given it
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