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Thursday, October 21, 2010

Keynes Ignored in England


“The British economist John Maynard Keynes may live on in popular legend as the world’s most influential economist. But in much of Europe, and most acutely here in the land of his birth, his view that deficit spending by governments is crucial to avoiding a long recession has lately been willfully ignored.” (New York Times)

Why not here?

FEE Timely Classic
“The Trouble With Keynes” by Roger W. Garrison