Steve Kates writes:

"We should therefore be looking at
alternatives to this Keynesian vision, and in my view, the most useful
place to look would be at the theories of the cycle developed by those
long ignored classical economists who quite well understood that
recessions were a periodic certainty, had explanations for the causes of
such recessions and knew what to do when they inevitably occurred." 

That is piquing, but please:

1. name the ignored classicals
2. describe their explanations for recessions
3. tell us their remedies.

Then we'll have something to discuss.

Mason Gaffney