Difference between revisions of "WikipediaExtracts:We are all Keynesians now"

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Latest revision as of 22:38, 22 February 2022

Go to full Wikipedia article on: We are all Keynesians now

Extracted from Wikipedia --

"We are all Keynesians now" is a famous phrase attributed to Milton Friedman and later rephrased by U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics, for example, fiscal stimulus, by individuals such as Nixon who had formerly favored less interventionist policies. The phrase "we are all ... now" has become a formula applied to various other concepts since.