Farnam street may be the best econoblog you never heard of. Farnam Street's emphasis on common sense, ethics and behaviour is fantastic and highly educational.
Here is the latest find, see video below. For the record, I am a bigger fan of Hayek, but both are more schools of philosphy than arbiters of a true science.
Keynes stimulus is nice in theory but most centralized distributions of wealth provide below reasonable returns due to political allocators at the switch. Keynes also appeals to the desire for control in crisis and the need to "do something". This isn't necessarily a good thing.
Those interested in learning more about the Austrian school of thought might look at the Ludwig von Mises Institute.
In some scenarios, stimuloss (sic) crowds out true economic actors. This limits or damages true sustainable economic growth. Govt' sponsored weeds crowding out true green shoots isn't a good thing.
In truly dire cases politicians gain far too much power by controlloing and directing massive flows of wealth. Japan and construction is a good case in point. Check out the resource curse phenomenon in some countries to understand this feedback loop at its worst.
