I'm with Tyler Cowen on applied Keynesianism (http://www.marginalrevolution.com/marginalrevolution/2010/05/is-there-a-general-glut.html http://www.marginalrevol

I'm with Tyler Cowen on applied Keynesianism (http://www.marginalrevolution.com/marginalrevolution/2010/05/is-there-a-general-glut.html http://www.marginalrevolution.com/marginalrevolution/2010/05...) - sure it can work but it's a political quagmire on the national level. Now take that to the international level of the Euro, and you get my general feeling on the matter.