(cue: Paul Krugman)
Here are three good ones to start with:
http://krugman.blogs.nytimes.com/2012/06/16/reagan-and-inflation/ http://krugman.blogs.nytimes.com/2012/06/11/reagan-obama-recovery/ http://krugman.blogs.nytimes.com/2012/07/12/magneto-muddles/
and this one:
http://krugman.blogs.nytimes.com/2012/06/28/a-manifesto-for-economic-sense/
especially with its pointer to this:
http://www.manifestoforeconomicsense.org/
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Short story:
- Keynes hasn't at all been discredited - Keynes is often mischaracterized - Keynesians are often accused of things they don't actually believe - Obama isn't a Keynesian ... yet?
/jordan