Keynes “the Immoralist”

We are all Keynsians now.  In Canada, Justin Trudeau was elected on the promise that he would build Canada’s infrastructure (and run large budget deficits).  Trump has also promised a massive infrastructure build out (with hundred year bonds!).  Running multi-year deficits doesn’t seem to matter anymore.  If anyone objects, the theories of John Maynard Keynes … Read more