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Keynes accountability

Keynes and long term accountability

August 31, 2011

During the summer 2011 we have witnessed a dramatic increase in European and American national deficit crises. It is a macro economic crisis, with national governments unable to manage national debts. Governments have been allowed to fund themselves through borrowing since the 1930s, when John Maynard Keynes proposed that inadequate aggregate demand could lead to […]

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