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Is Keynesian economics dead?

John Maynard Keynes (1883-1946)
John Maynard Keynes (1883-1946)

By Dan Klefstad

http://stream.publicbroadcasting.net/production/mp3/wnij/local-wnij-980698.mp3

DeKalb – Illinois Democrat Dick Durbin declared on the Senate floor that the debt ceiling agreement spells the end of Keynesian economics. Is this true? WNIJ's Dan Klefstad talks with NIU economist Carl Campbell about the philosophy of John Maynard Keynes...and whether it's relevant today.