If there is a reasonable voice on the free market side of the economics debate these days it is Tyler Cowen. His insights and ideas are where the Keynesian counter-balance should be - unfortunately it is not. He has a good piece in the New York Times on the declines in American productivity and what it could mean to the economy. Evidence that Cowen is a good counter-balance? How about the quote, "Keynesians argue that the economy is suffering from a lack of spending or too little "aggregate demand". That is a valid point, but...." How often do you hear that in economic debate these days?
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