In Which Bill Galston, Writing for the New Republic, Simply Doesn't Do His Homework...

Why oh why can't we have a better press corps?

Bill Galston writes in--surprise, surprise--the New Republic:

The Case Against Keynes (With Some Questions For Krugman, Too): oshihiro Ihori, Masume Kawade, and Toru Nakazato.... “One hypothesis is that the effects of fiscal policy were very large and hence recession would have deepened without fiscal expansion. Alternatively, it may be that fiscal policy did not have enough of an expansionary effect to push up macroeconomic activity, and...