• Some want to bury and forget about Keynes; we look into the arguments.
• As it turns out, Keynesian economics explains the behavior of economies experiencing a slump very well and much of that is highly counterintuitive, hence many grapple with this.
• Keynesian remedies also work well. The argument that politicians cannot handle it responsibly is a feature of a dysfunctional political system, not an inherent failure of Keynesianism.

Throwing The Keynesian Baby Out With The Bathwater | Seeking Alpha