tag:blogger.com,1999:blog-5404820640426099135.post1471570893610265960..comments2023-10-31T00:46:35.316+13:00Comments on Anti-Dismal: What Keynes really meantPaul Walkerhttp://www.blogger.com/profile/13731003529546075700noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5404820640426099135.post-75174206423799336432009-03-17T13:53:00.000+13:002009-03-17T13:53:00.000+13:00RE THE DEBATE:I confess I had no respect for De Lo...RE THE DEBATE:<BR/><BR/>I confess I had no respect for De Long prior to watching this, but hadn't realised quite how much of an oaf he is.<BR/><BR/>He betrays no interest at all in why the world's economies are collapsing -- the reasons <I>why</I> the bubble burst.<BR/><BR/>When it comes to the facts, his manner appears to be "Don't bother me, don't bother me, don't bother me."<BR/><BR/>His interest is only aroused by these wads of magic money, pulled from the government's hat, that will solve all of our problems by the simple expedient of keeping all the zombies walking.<BR/><BR/>For an economic historian, his "massaging" of economic history -- on things like Hoover's record, German and Italan depression history, and the year the US depression ended (and his apparent ignorance of the reasons it lasted so long) -- is more than just cynical, it's dishonest. <BR/><BR/>If he has to lie to make his point, which seemss simply to carry water for Team Obama, it means even he must be aware his point could not be made otherwise.<BR/><BR/>His bland oafishness in the service of political orthodoxy really is frightening.Peter Cresswellhttps://www.blogger.com/profile/10699845031503699181noreply@blogger.com