During a 1934 dinner in the U.S., after one economist carefully removed a towel from a stack to dry his hands, Mr. Keynes swept the whole pile of towels on the floor and crumpled them up, explaining that his way of using towels did more to stimulate employment among restaurant workers.
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Someone like me who is convinced by elements of Keynes’ theory (mostly those present in New Keynesian macro and little...
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conza said:
Keynes is clearly trollin’.
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