Keynesian paradoxes

Keynes gave little thought to generalities. He acknowledged that his prescriptions were limited to the special circumstances of the 1930s. With Bolshevism in mind, any fiscal deficit spending was justified to put men into work; but, for normal circumstances, Keynes offered only ad hoc musings.

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Source: http://www.iea.org.uk/blog/keynesian-paradoxes

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