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How do we compare Keynesian and modern economics?

How do we compare Keynesian and modern economics?

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Matt Nolan
Sep 12, 2008
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Matt's musings
Matt's musings
How do we compare Keynesian and modern economics?
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Over at policy.net, Chris Trotter states (ht Rates Blog):

Keynesian economics was never more than the rational response of decent and compassionate men to the human cost of economic management when reposed in the hands of the avaricious and the uncaring

This is an incredible mis-representation of "Keynesian economics" - however, it is also an incredibly …

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