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Currently viewing articles tagged with John Maynard Keynes.
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The Return of Mr. Keynes
John Maynard Keynes has returned from the graveyard of discarded and abandoned theorists. Blamed for the strange brew known as stagflation, Keynes’ economics had been unceremoniously dumped there in the mid-seventies. His economics was replaced by that rediscovered nineteenth-century concoction of deregulation, privatization and free trade that, under the rubric of neoliberalism, ruled economic policy making for the past quarter century. And so, the cycle turns.
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