A brief yet informative introduction to Keynesian vs. Hayekian economic visions
http://www.bbc.co.uk/news/business-14366054
Promulgating Hayek's viewpoint, Prof. Selgin notes:
"The economy is like a drunk throwing up the morning after the night before.
It is disgorging itself - or trying to disgorge itself - of bad investments it was tempted to undertake largely because of easy money.
Giving it still more money will not prevent the inevitable suffering."