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To: The Wharf who wrote (28552)9/8/2012 1:02:29 PM
From: carranza21 Recommendation  Read Replies (1) | Respond to of 29622
 
Fabulous, one of the best things I have ever seen posted at SI on the issue at hand. You are to be commended for noticing it and making it available.

A wonderful resolution of the Keynes vs. Hayek debate, IMO. Yes, in the immediate now of a financial crisis, Keynesian stimulus is probably necessary, but to continue with it after the crisis has passed is deadly. The Austrians should rule the post-crisis period, the Keynesians should be put on the shelf after the crisis passes. Of course, the decisions are political, and politicians don't think much of Austrians because, well, their job is to take away the punch bowl after the crisis has passed.

Brilliant!