The German Economic Revival

by Pejman Yousefzadeh on August 14, 2010


As Don Boudreaux notes, it is being achieved via fiscal austerity, while all of the Keynesian spending in the world hasn’t succeeded in helping the united States economy perform to its full potential. I’m sure that this won’t get much attention at Paul Krugman’s site, especially given Krugman’s past critiques of the Germans on this issue, but perhaps it is time for the über-Keynesian to come out and admit that he was über-wrong on this issue.

Speaking of which, when will the White House issue a mea culpa or two?

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