The Traderszone Network

Published in TZ Latest News 27 November, 2014 by The TZ Newswire Staff

Finally! Proof that the Keynesian model is true

Matthew Klein has a useful piece in the FT that shows the way that government spending has fluctuated over time.  The data is reported as if changes in G passed through one for one into changes in GDP. It wasn’t clear to me why this data was important, but then I’ve never really understood the appeal of Keynesian economics.

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