Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think you're mixing apples and oranges here. Claiming that the market will move towards a full employment equilibrium in the long run if left alone (which Keynesians think, they just also think that in the long run we're all dead), is not the same thing as saying that you'll get there quicker (via expansion) if you launch an austerity program.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Wed Nov 2nd, 2011 at 03:11:49 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series