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Jeff Jacoby

Remember, there's no free lunch

By Jeff Jacoby
Globe Columnist / January 23, 2008

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POLITICIANS left and right are jumping on the "stimulus" bandwagon, and several commentators have recalled Richard Nixon's famous 1971 remark, "We're all Keynesians now." The famed British economist John Maynard Keynes died in 1946, so what he would have thought of Nixon's economics must forever remain a mystery. But if "Keynesian" is shorthand for believing that governments can boost employment ... (Full article: 782 words)

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