Keynes Is Dead – This Is The ‘Long-Run’

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Zero Hedge: John Maynard Keynes, an English economist and author, has been held in high esteem for several decades thanks to his groundbreaking work in economics in the early 20th century. The theory he popularized in an attempt to better understand the Great Depression, aptly named Keynesian theory, revolutionized demand-side economic policy at the time. For those who haven’t studied the riveting subject of macroeconomics since college – sarcasm, of course, for everyone out there that

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