According to this article, the answer is: Yes. http://www.spiegel.de/international/business/0,1518,707231,00.html Anyone want to disagree?

^Agreed. Saying that the Germany is slightly better than the rest of shitty Europe’s economy doesn’t correlate with that article’s title. Some slight short-term growth is understandably attributed to stimulus, but it’s not light they hit gold or anything.

Keynesian economics “working” in Germany compared to the rest of Europe isn’t saying anything. Just like I’d be better off with chickenpox than smallpox, I’d rather just have neither.

That article is hilarious. "The government kept moribund banks alive and rescued companies that didn’t need rescuing. It spent money to allow companies to scale back production and paid consumers premiums to destroy assets with intrinsic value. Streets were repaved only to be torn up again soon aft…

If there is a stimulus package and the economy does not recover, they argue the stimulus wasn’t enough and it wasn’t directed properly. If there is a stimulus package, and a recovery, they attribute the recovery to the stimulus package. There is no way to test the validity of these claims, yet the…

That’s true as far as it goes. But what about looking at it from the Austrian point of view? From what I gather, the actions described in that article can only bring ultimate disaster according to AE. I’m not sure about this, but I think it depends on how the stimulus was financed. If it was d…

Two quick things. First: according to our wise Euro leader we are not only officially out of recession but we are already growing at full steam. The press is doing its utmost to only publish good news. In the past month I have been able to find only a very few sketchy articles about Greece and Port…

From what I gather, the actions described in that article can only bring ultimate disaster according to AE. I’m not sure about this, but I think it depends on how the stimulus was financed. The stimulus was financed generally by existing capital, by capital consumption. That is the only way to co…

Anyone have any new thoughts on this subject? Recently came to my attention, and I was wondering if any Austrians would like offer input on the current market conditions of Germany.

Actually the German government was rather frugal during this financial crisis, compared to other European governments. And wages were allowed to adjust downward, which is why their economy did better than that of other European economies who attempted to artificially push up wages. That would rathe…

To be honest some parts of the article read like a well elaborated satire by an Austrian.

Did Keynesianism 'work' in Germany?

Economics Economics Questions

Snowflake April 11, 2011, 8:11pm 14

I can probably get a 98% correlation coefficient on my econometric model which begins by assuming that keynesianism is wrong.

Total trolling though. As always, the data does not elucidate economic theory.

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Did Keynesianism 'work' in Germany?

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