Jon Kirshner wrote an excellent review of three new books on Keynes for the Boston Review:
A good quote on whether Keynes would have been able to wrap his mind around the expansion that predated this recession:
But in the mania of the American housing bubble, the chase of wealth became everything. The financial sector expanded, national savings rates plunged, and Clinton-era deregulations were followed by the Bush administration’s abdication of government oversight. Financiers eagerly accepted the open invitation to recklessness and enjoyed astronomical compensation packages for embracing imprudent risks. Borrowers took on debt far beyond any responsible expectation of what they could repay. In retrospect even Alan Greenspan finally understood the errors of the era of unregulated finance he championed.