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From How Obama got Keynes wrong by Shawn Tully:
While the Obama team is laying out huge sums of money, Meltzer says it's neglecting a key part of Keynes' plan: You can't run up a debt without a way to cover it.
It’s The Economy, Stupid (AKA Economists)
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[image: It’s The Economy, Stupid (AKA Economists)]
Over ninety-nine percent of economists did not predict the 2008 financial
crisis.
The vast majority of...
1 hour ago
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