Keep shovelling that stimulus

Joseph Stiglitz
From Friday's Globe and Mail
Thursday, Aug. 06, 2009 06:46PM EDT

The green shoots of economic recovery that many people spied this spring have turned brown, prompting concerns about whether the policy of jump-starting the U.S. economy through massive fiscal stimulus has failed.

People are asking: Has Keynesian economics been proven wrong, now that it has been put to the test? The question, however, only makes sense if Keynesian economics had really been tried.