"The word ‘Keynesian’ means many things to many people. Decades ago, it was a carelessly applied label for economic liberals and interventionists in general. For a while in the late 1970s and early 1980s it became a pejorative term more or less synonymous with old-fashioned."
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Original Language: English
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Sources
Alan S. Blinder, "The fall and rise of Keynesian economics", Economic Record (1988).
https://en.wikiquote.org/wiki/Economic_liberalism
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Economic liberalism
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