"The main development I want to discuss has already occurred: Keynesian economics is dead [maybe ‘disappeared’ is a be…"

"I do not see how one can look at figures like these without seeing them representing possibilities. Is there some act…"

"I guess everyone is a Keynesian in a foxhole."

"For policy, the central fact is that Keynesian policy recommendations have no sounder basis, in a scientific sense, t…"

"In the present decade, the U.S. economy has undergone its first major depression since the 1930’s, to the accompanime…"

"The Keynesian Revolution was, in the form in which it succeeded in the United States, a revolution in method. This wa…"

"A key element in all Keynesian models is a ‘trade-off between inflation and real output: the higher is the inflation …"

"When I was on the economics faculty in Chicago, I had a sign in my office that said, “No smoking, except for Bob Luca…"

"The Keynesian econometric methodology developed by Klein and associates was criticized by Lucas in his 1976 “Critique…"

"Lucas's name, unlike Friedman's, is hardly a household word. He is neither a prolific writer nor easy to read; althou…"