sábado, 8 de noviembre de 2008

Keynesianismo y New Deal

Habitualmente se identifica la política keynesiana con el New Deal de Franklin D. Roosevelt. Por eso me llama la atención lo que dice Krugman en su blog:

"Now, you might say that the incomplete recovery shows that “pump-priming”, Keynesian fiscal policy doesn’t work. Except that the New Deal didn’t pursue Keynesian policies. Properly measured, that is, by using the cyclically adjusted deficit, fiscal policy was only modestly expansionary, at least compared with the depth of the slump."

"FDR [Franklin Delano Roosevelt] might have been more of a Keynesian if Keynesian economics had existed — The General Theory wasn’t published until 1936."

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