Twenty-Cent Paradigms
A mostly macro- and international economics weblog for students (and anyone else!)
Wednesday, October 29, 2008
We Are All Keynesians Now
Robert Lucas: "I guess everyone is a Keynesian in a foxhole." From Justin Fox, "
The Comeback Keynes
" (extended quote
here
).
Apparently you can't get out of a foxhole by assuming a ladder...
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