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Keynes wins?(Letter to the editor)
National Review
|
January 29, 2007 |
Carroll, John Lee |
COPYRIGHT 2007 National Review, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Early in his tribute to Milton Friedman ("Economist on a White Horse," Dec. 18), John O'Sullivan writes: "Indeed, in a development that would have delighted a Gibbon or an Evelyn Waugh, Richard Nixon declared that 'we are all Keynesians now' at the very moment when the Age of Keynes, Friedman's great theoretical antagonist, was drawing visibly to its close."
But Nixon was not expressing a philosophical preference. He made the assertion after he had ...
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