Mark Blyth--Ricardian Equivalence, Rational Expectations and Expansionary Austerity

From his Google talk. Watch the whole thing at, Despairing at ever seeing the Ricardian Equivalence zombie killed by conventional means, I’ve uploaded this in the spirit of Hugh Trevor-Roper tackling Arnold Toynbee’s theory of civilizations in the 1950s: “Scholarly criticism had failed. Those weak pellets had glanced impotently off that smooth impervious surface. Mere denunciation was useless, inaudible above the choral dithyrambs of praise. I decided that ther