keynesian

Also, your understanding of Keynesian economics is slightly confused; the goal is to cause inflation in order to reduce real wages.

That's a really big debate: small vs big government, Keynesian vs Hayekian economics, public vs private sector and so on.

Or does the Keynesian theory in which decreased demand for goods and services make more sense?

Ah the Keynesian solution of paying half the unemployed to dig ditches and then pay the other half to fill them up.

In one sense, we are all Keynesians now; in another, no one is a Keynesian any longer....

Hyperinflation is the nerdocalypse for those who don't believe in Keynesian economics, but comparisons with Zimbabwe or the Weimar Republic are absurd and overblown.

Which is a center-left EU-friendly party, holding up to Keynesian principles.

But the Keynesian macro models similarly have little predictive power.

VC as a kind of Keynesian beauty contest.

I've seen blogs that equate Keynesian economics to satanism...

The chairman of the Federal Reserve dealt with the problem not by returning the country to the gold standard, but with the orthodox Keynesian technique of hiking interest rates, and it worked.

I think you're conflating two different issues: a) the Greek economy is currently in debt with no realistic way of repaying it in the short term, and b) Greek politicians have adopted a socialist-minded Keynesian tinkering-around-the-edges that has somehow been named 'austerity'.

Too me it seems more like religions (being a Keynesian, Austrian, etc), where people search for facts that confirm their positions." A model is just a consistent logical argument.

The problem with Krugman is that he used a very "old school" Keynesian intellectual framework, while the rest of the field has moved on.

This "inflation tax" is always a very small percentage of overall government revenues in the US, and even if Keynesian theory were totally wrong, the policy would not be particularly harmful.

"The Great Crash, 1929" by Galbraith provides yet another (institutionalist/Post-Keynesian) POV.

Also, your ideas about stimulating different parts of the economy are pretty explicitly not Keynesian.

Too me it seems more like religions (being a Keynesian, Austrian, etc), where people search for facts that confirm their positions.

There's far more 'kooks' in the anti-Keynesian camp than in the Neoclassical camp.