Difference between revisions of "Paul Samuelson/Milton Friedman"
From Critiques Of Libertarianism
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Everyone understands now, on the contrary, that there can be no solution without government. The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas. | Everyone understands now, on the contrary, that there can be no solution without government. The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas. | ||
| − | | cite = [[Paul Samuelson]], | + | | cite = [[Paul Samuelson]], [http://www.digitalnpq.org/articles/economic/331/01-16-2009/paul_samuelson "Don't Expect Recovery Before 2012"] |
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