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Stimulate or Die

As the green shoots of economic recovery that many people spied this spring have turned brown, many are asking whether the policy of jump-starting the economy through a massive fiscal stimulus has failed. That question, however, would make sense only if Keynesian economics had really been tried.

NEW YORK – As the green shoots of economic recovery that many people spied this spring have turned brown, questions are being raised as to whether the policy of jump-starting the economy through a massive fiscal stimulus has failed. Has Keynesian economics been proven wrong now that it has been put to the test?

https://prosyn.org/brhS6et