The Great Society Proves that Keynesian Economics Doesn’t Work

November 19, 2008 – 10:40 pm by BH

Paul Krugman is not impressed with Amity Shlaes’ latest op-ed. He’s so angry in fact that he even says “Grr.” For an economist, that’s what counts as emotion. The op-ed is not great, but Krugman is prone to overreaction. But if you care about such debates, it’s worth taking a quick look. Wash your hands afterward.

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