"The legacy of Keynesian economics — the misdiagnosis of unemployment, the fear of saving, and the unjustified faith i…"

"Unfortunately, several decades of Keynesian instruction on the virtues of budget deficits have left the public and ou…"

"The economic policy issues that we debate today—trade policy, inflation, the proper role of government, the eradicati…"

"Thanks to the work of John Maynard Keynes and of Milton Friedman, we now have a better understanding of how governmen…"

"But further analysis and experience soon raised doubts about the efficacy of these new tools. Empirical research indi…"

"Instead of increasing intra-European harmony and global peace, the shift to EMU and the political integration that wo…"

"Although 50 years of European peace since the end of World War II may augur well for the future, it must be remembere…"

"A critical feature of the EU(European Union) in general and EMU in particular is that there is no legitimate way for …"

"I would guess that most MIT Ph.D.’s since 1980 might deem themselves not to be “Keynesians.” But they, and modern eco…"

"For him delicious flavors dwell In books as in old Muscatel."