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  • E-Commerce News: Wall Street: Is Keynesian Economics Relevant Today? 

    Though I am a fiscal conservative, I do believe that we shouldn’t try to apply economic austerity measures until a recession is in our rear view mirror. John Maynard Keynes said it far more eloquently than I: “The boom, not the slump, is the right time for austerity.” If we consider what happened during the Great Depression, we have a bird’s eye view of economic principles and policies at work.

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