We are all Keynesians now

"We are all Keynesians now" is a famous phrase attributed to Milton Friedman and later rephrased by U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics, for example, fiscal stimulus, by individuals such as Nixon who had formerly favored less government intervention policies.

Source: Wikipedia — We are all Keynesians now (CC BY-SA 4.0)

We are all Keynesians now

"We are all Keynesians now" is a famous phrase attributed to Milton Friedman and later rephrased by U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics, for example, fiscal stimulus, by individuals such as Nixon who had formerly favored less government intervention policies.

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Source: Wikipedia "We are all Keynesians now" · CC BY-SA 4.0

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