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Keynesian in a Foxhole

Geoff Mann: The Monetarist Position, 13 April 2023

A Fiscal and Monetary History of the United States, 1961-2021 
by Alan Blinder.
Princeton, 432 pp., £35, October 2022, 978 0 691 23838 8
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... knowing full well the twists and turns in the road ahead. That’s an invitation to chaos.’Alan Blinder’s A Fiscal and Monetary History of the United States, 1961-2021 is the latest contribution to what is in many ways the same argument that Heller and Friedman were having more than fifty years ago. What should we expect of economic policy? What ...

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