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.
Imagine…
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.
"I'd rather be vaguely right than precisely wrong." John Maynard Keynes