Consensus, Dissensus and Economic Ideas: The Rise and Fall
of Keynesianism During the Economic Crisis
Henry Farrell, George Washington University
John Quiggin, University of Queensland
March 9, 2012
Introduction
\The same people who would never touch de cit 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, disgruntled German
Finance Minister, December 6, 2008.
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