Keynes x Alesina (Coy)

Arthur Garbayo indicated the article Keynes vs. Alesina. Alesina Who?, by Peter Coy, published by Business Week. Alesina argues that austerity can stimulate economic growth by calming bond markets, which lowers interest rates and promotes investment. He says the greatest risk to global growth is a financial crisis brought on by fears of government overindebtedness. http://migre.me/Yiqf