Comment on Is Keynesianism dead? Far from it – it provides the life support for a crisis-ridden capitalism by Philip Lawn
Peter Martin: Sorry, Peter, but you keep falling into the trap of thinking that a govt can alter the net-savings of the non-govt sector. All it can do is encourage (discourage) savings. It is left to the non-govt sector to decide how much it wants to net-save. If the non-govt sector is willing to adjust its discretiona