Keynes’ Comeback

By Scot Lehigh | Wednesday, December 31, 2008 | The Boston Globe

“…In the long run, John Maynard Keynes once said, we are all dead. True enough. And yet, in the longer run, Keynes, who died in 1946 at 62, has made a startling comeback. In first half of the 20th century, the British economist dragged the dismal science into the modern age by arguing that recessions weren’t necessarily self-correcting, as economic conventional wisdom assumed, and that governments needed to intercede to boost economic activity in troubled times….”…BS

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/12/31/keynes_comeback?mode=PF

 

 

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