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The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites. To be fair their were g
by imightbebatman 3mo ago
The root of this started in the 70s as the New Deal coalition decayed and Keynesian economic theory fell out of favor among the elites.
To be fair their were good reasons at the time to think it wasn't working either.
- to11mtm 3mo agoWorth noting that the Bretton Woods system was -not- quite what Keynes wanted...
- imightbebatman 3mo agoNo, yea that's fair. I think he'd be even more confounded about the current state of affairs though. Just my read.