"After careful research along these lines, I came to the annoying conclusion that Keynes had been 100 percent right in the 1930s. Previously, I had thought the opposite. But facts were facts and there was no denying my conclusion. It didn’t affect the argument in my book, which was only about the rise and fall of ideas. The fact that Keynesian ideas were correct as well as popular simply made my thesis stronger."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Bruce Bartlett, "Revenge of the Reality-Based Community" (2012).
https://en.wikiquote.org/wiki/Keynesian_economics
Revision History
No revisions have been submitted for this quote.
Categories
Keynesian economics
59 quotes on TrueQuotesView all quotes by Keynesian economics →
Related Quotes
"Finally, the development of Keynesian economics and, after the war, its gradually increasing application changed the …"
"Following the collapse of the American investment bank Lehman Brothers, and threatening to engulf the entire banking …"
"I find it amazing now that my first economics class, taught by Alan Sweezy, used John Maynard Keynes’s General Theory…"
"Keynesian economics—the go-to theory for those who like government at the controls of the economy—is in the forefront…"
"Although we cannot place all the blame for the dismal condition of LDCs on Keynesian economics, it bears a heavy resp…"
"Keynesian economics is the economics of nominal rigidities basically, nominal rigidities everywhere. Fully anticipate…"
"For a period of roughly 35 years, Keynesian theory provided a central paradigm for macroeconomists, and considerable …"
"The word ‘Keynesian’ means many things to many people. Decades ago, it was a carelessly applied label for economic li…"
"First and foremost, Keynesian economics is a theory of aggregate demand and of the effects of aggregate demand on rea…"
"Since the mid-1970s, neoliberal economic policies have increasingly pervaded rich democracies. A list of such policie…"