How would one do a Keynesian stimulus properly today?  Remember, the preconditions for Keynesian stimulus to work are that it not overly aggravate bottlenecks (not send oil to $150/barrel, for example); that it not aggravate overused sinks (carbon); and that the money not pool uselessly at the top.  Keynesian stimulus must create widespread demand.  Further, … Continue reading The Quick and Clean Guide to Fixing the Economy (Keynesian Stimulus #2)