I've debated economist Irwin Kellner a few times over the years. He is a very nice man, with whom I usually disagree. He's basically a Keynesian economist, while I am a supply-side economist. We look at the economic world from different directions.
In his latest MarketWatch.com column, Kellner lays out his take on why a possible double-dip recession is back on the table. And I have to say that he makes a compelling case.
If you do not want to get depressed, then do not read the piece. But if curious about some of the risks a Keynesian sees, check it out here.
Raymond J. Keating
Small Business & Entrepreneurship Council