Steve Kates and Niall Ferguson beclowned.

I see Katesy has taken off the strait jacket to agree with Niall Ferguson that Keynes is dead and Kruggers was wrong.  People should be very wary of taking anything Niall Ferguson says seriously.

Except Kruggers wasn't wrong as he writes here.    See also Simon Wren-Lewis on media myths. 

Never mind it is the slowest recovery in modern history.

Either Ferguson and therefore Katesy have no idea that the UK stopped it austerity policy or they are goebellsising. Given their record we can be very confident they have no idea! 

oh dear

Update:

DEAN BAKER excoriates Ferguson . Embarrassing is the word.

Further Update:

Simon Wren-Lewis on blaming-keynes