In January 1971, Richard Nixon famously told TV journalist Howard K. Smith that “we are all Keynesians now.” But he actually said it off-stage as a throwaway quip, not in a public context where it could be construed as official policy. That’s not surprising given that the Republican Party and the business community had not […]
When The Old Time Fiscal Religion Vanished—Then Came Jamie Dimon’s Dopey Drivel
