"He builds elaborate Keynesian models that treat consumer spending as the engine of prosperity..."

Paul Krugman : " He builds elaborate Keynesian models that treat consumer spending as the engine of prosperity, ignores the capital structure of the economy, and then acts surprised when manipulating aggregate demand produces distortions in real production. " P aul Krugman has spent three decades telling you that government spending cures recessions, that deficits don't matter when interest rates…