Keynes’ Revenge Best Served Cold

[v=Hrg1CArkuNc] Milton Friedman, in my book, can do no (economic) wrong. In Anatoly Kaletsky’s recent bookā€”Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crises (Public Affairs, 2010)ā€”Friedman and the rest of us “market fundamentalists” can do nothing right. Following the spectacular collapse of the banking system in 2007-09, a gaggle of […]

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