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delong.typepad.com - 1/5/2009
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Martin Wolf on our current magneto trouble:
FT.com / Columnists / Martin Wolf - Keynes offers us the best way to think about the financial crisis : We are all Keynesians now. When Barack Obama takes office he will propose a gigantic fiscal stimulus package. Such packages are being offered by ...
ft.com - 1/7/2009
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ft.com —
Published: January 6 2009 19:27 | Last updated:
January 6 2009 19:27 Ingram Pinn illustration EDITOR’S CHOICE...
Economists’ forum - Oct-01 Every week, 50 of the world’s most influential economists discuss Martin Wolf’s articles on FT.com You have ...
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FT.com / Columnists / Martin Wolf - Choices made in 2009 ...
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The Time to Punish
Matthew Yglesias —
Brad DeLong recommends Martin Wolf:
Keynes’s genius – a very English one – was to insist we should approach an economic system not as a morality play but as a technical challenge. He wished to preserve as much liberty as possible, while recognising that the minimum state was unacceptable to a democratic society with an urbanised economy. He wished to preserve a market economy, without believing that laisser faire makes everything for the best in the best of all possible worlds.
This same moralistic debate is with us, once again. Contemporary “liquidationists” [on the right] insist that a collapse would lead to rebirth of a purified economy. ...
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