The Guardian has an editorial this morning on Keynes and Keynesianism. In it they argue that: In 1976 it was a British Labour prime minister, James Callaghan, who pronounced Keynesianism dead. As they then note: Monetarism, the economic theory that took over, has failed. They then argue, reflecting a theme that I raised last week, […]
source https://thebtrader.com/2020/02/17/not-all-keynesian-spending-is-equal/?utm_source=rss&utm_medium=rss&utm_campaign=not-all-keynesian-spending-is-equal
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