"We are all Keynesians now" is a famous phrase attributed to Milton Friedman and later rephrased by U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics, for example, fiscal stimulus, by individuals such as Nixon who had formerly favored less interventionist policies. The phrase "we are all ... now" has become a formula applied to various other concepts since.[1][2]
^"This House Believes that We Are All Feminists Now". The Oxford Student. 2013-03-04. Retrieved 2023-01-23.
^Walters, Suzanna Danuta (2018-10-04). "We Are All Feminists Now". Ms. Magazine. Retrieved 2023-01-23.
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"WeareallKeynesiansnow" is a famous phrase attributed to Milton Friedman and later rephrased by U.S. president Richard Nixon. It is popularly associated...
Keynesian economics Resources in your library Resources in other libraries Works by John Maynard Keynes at Project Gutenberg "WeareallKeynesians now"...
Nixon continued and expanded on liberal policies stating in 1971 "WeareallKeynesiansnow". However, Nixon's implication in the Watergate scandal ruined...
Following the emergence of the new Keynesian school in the 1970s, neo-Keynesians have sometimes been referred to as "Old-Keynesians". In the area of macroeconomic...
recipients Ludwig von Mises Monetary/fiscal debate Patri Friedman "WeareallKeynesiansnow" Among macroeconomists, the "natural" rate has been increasingly...
minimalists deny this and a claim has been made "Weareall minimalists now" (an allusion to "WeareallKeynesiansnow"). Apart from the well-funded (and fundamentalist)...
schools differ in that New Keynesian analysis usually assumes a variety of market failures. In particular, New Keynesians assume that there is imperfect...
Economy: WeAreAllKeynesiansNow". Time. 31 December 1965. Archived from the original on 21 September 2007. Retrieved 1 January 2011. Keynesianism made...
economy. In 1971, US President Richard Nixon's had declared that "WeareallKeynesiansnow", announcing wage and price controls. He lifted this from a comment...
maintain a balanced budget. Nixon was famously quoted as saying, "WeareallKeynesiansnow," with regard to the budget deficit that his administration began...
themselves neo-Keynesians usually believe that in the long run, money is neutral. In other words, while neoclassical and neo-Keynesian models are often seen...
of demand, both domestic and foreign. Their view does not mean, post-Keynesians state, that demand growth determines supply growth without limit; rather...
caused by shocks to the economy, to explain fluctuations in output. Keynesians rejected this theory and argued that changes in efficient output were...
leveled by Lucas and other new classical economists against Neo-Keynesians. New Keynesians adopted rational expectations and built models with microfoundations...
prices play an important role in all mainstream macroeconomic theory: Monetarists, Keynesians and new Keynesiansall agree that markets fail to clear...
market functions, while proponents of endogenous causes of crises such as Keynesians largely argue for larger government policy and regulation, as absent regulation...
that incorporate a New Keynesian Phillips curve are Clarida, Galí, and Gertler (1999), and Blanchard and Galí (2007). There are at least two different...
as in older Keynesian-style ones. After decades of often heated discussions between Keynesians, monetarists, new classical and new Keynesian economists...
1953) is an Australian economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific, and...
was an Italian economist of the post-Keynesian school. Pasinetti was considered the heir of the "Cambridge Keynesians" and a student of Piero Sraffa and...
unreason, if we dig deep in our history and our doctrine, and remember that weare not descended from fearful men. This broadcast has been cited as a key episode...