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Have we not learned the lesson of 1929?"

Yes, they have. This time they have eliminated the Keynesians from the debate entirely

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed May 18th, 2011 at 07:03:14 AM EST
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To be fair: What won the debate for Keynes was the war. It made the argument that mass unemployment was a fact of life untenable.
by generic on Wed May 18th, 2011 at 07:23:09 AM EST
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