Saturday, December 19, 2020

"We are all Keynesians now"

In a letter to Time magazine, 4 Feb 1966, Milton Friedman wrote:

Sir: You quote me [Dec. 31] as saying: "We are all Keynesians now." The quotation is correct, but taken out of context...

That is the source for the title of my previous post, in case you were wondering.

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