2008–09 Keynesian resurgence

Following the global financial crisis of 2007–08, there was a worldwide resurgence of interest in Keynesian economics among prominent economists and policy makers.

QuotesEdit

  • The same people who would never touch deficit spending are now tossing around billions. The switch from decades of supply-side politics all the way to a crass Keynesianism is breathtaking.
    • Peer Steinbrück, quoted in Stefan Theil, "Peer Steinbrück on the Global Economic Crisis", Newsweek (December 5, 2008)

External linksEdit