Three Ways of Looking at Ken Rogoff

We are, again, live at the Financial Times:

FT.com / Comment / Opinion - Rogoff is wrong on debt worries: I read Ken Rogoff writing that maybe expansionary fiscal policy isn’t all that effective – we don’t really know: “Stimulus benefits of... deficits are not nearly so certain.... Aggressive fiscal stimulus... was reasonable as part of an all-out battle to avoid slipping into a depression... Today, the panic has abated and a more sober cost-benefit analysis is required...”

I read Prof...