Woody Allen versus J.M. Keynes

National Post November 16, 2011 12:00 AM --> For the antidoom side, Larry Summers. Photograph by: Reuters, National Post Twospectreshoveredoverthe stage at Monday's sold-out Munk Debate at Toronto's Roy Thomson Hall. The first, given the doom-laden resolution - "Be it resolved North America faces a Japan-style era of high unemployment and slow growth" - was that of Woody Allen. "More than any time in history," Mr. Allen once deadpanned, "mankind faces a crossroads. One path leads to despair and utter hopelessness, the other to total extinction. Let us pray that we have the wisdom to choose correctly." The other phantom was John Maynard Keynes. In fact, Keynes should have been the star of the...