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We are all Keynesians now

January 31, 2009

NPR has an interesting article titled "Obama Gives Keynes His First Real-World Test."  I'm not convinced that's entirely accurate, it appears to be missing an appropriate disclaimer -- Keynesian economics played a large role in the New Deal (though, the article suggests, not enough of one).  Richard Nixon (yes, him again) famously declared in 1972 […]

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