The Keynesian past is past: Nostalgia is not the future  By Pete
Dolack                              7 comments on “The Keynesian
past is past: Nostalgia is not the future    1. katazcrack says:
I enjoyed reading this article very much, and you might hate me
for asking this but I have a question. All this said, and very
WELL said… maybe at some points I didn’t read correctly, but I
am not convinced that government spending should be supressed,
but that maybe a change of thinking in government spending
should take place. What would be YOUR solution for the world to
pull itself out of this crisis be?      • Thanks for the
question – it is a good question. To clarify, I do not think
government spending should be supressed. That would be
neoliberalism or austerity, what we have too much of already. As
I said, government spending, to create jobs, on infrastructure
and for necessary social good, would be a good thing, and I
support that. But that spending will only ameliorate the
economic malaise, not solve it