To say that Ken Rogoff and I think alike should cause him to quiver. And that is where the similarity ends. I forgot the link last time. Sorry.http://www.project-syndicate.org/commentary/austerity-and-debt-realism
"The problem with socialism is you eventually run out of other people's money" - Margaret Thatcher "The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design" - F.A. Hayek
To say that Ken Rogoff and I think alike should cause him to quiver. And that is where the similarity ends. I forgot the link last time. Sorry.
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Speaking of stimulating the economy out of a depression...take a look at this interesting article:
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2095699
Did World War II spending help end the Great Depression?
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