Tuesday 29 September 2009

I'll show you mine, if you show me yours, Polly

From Toynbee yesterday:-

Back in my home constituency, voters may not note the finer points now, but a good case repeated over and over with conviction will get heard. Economists of every hue support the pragmatic Labour view against a shoddy Tory opportunism. Fatally flawed and almost universally derided, Cameronomics might yet fall apart under electoral fire


Unfortunately for Polly, that's completely incorrect. Most economists don't support Keynesianism at all.

You want proof? Here's 300 economists who gave Obama a large slice of Shut The Fuck Up over Keynesian spending (including 3 Nobel laureates):-

http://www.cato.org/special/stimulus09/alternate_version.html

So, Polly, come up with 300+ economists to back your case and I'll believe you.

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