Nancy and the Keynesians

Sir: Nancy Dell'Olio is a Keynesian ('John Maynard Keynes, my hero', 29 November), but if Keynes were alive today, he would be revising his doctrine. In the 1930s government expenditure was a much smaller proportion of GDP than it is today. So was the tax take.

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Published in:The Spectator (London. 1828) 2008-12, Vol.308 (9406), p.28
Main Author: Quirk, Matthew
Format: Magazinearticle
Language:English
Subjects:
Expenditures
GDP
Government spending
Gross Domestic Product
Keynes, John Maynard
Quirk, Matthew
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description Sir: Nancy Dell'Olio is a Keynesian ('John Maynard Keynes, my hero', 29 November), but if Keynes were alive today, he would be revising his doctrine. In the 1930s government expenditure was a much smaller proportion of GDP than it is today. So was the tax take.
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subjects Expenditures
GDP
Government spending
Gross Domestic Product
Keynes, John Maynard
Quirk, Matthew
title Nancy and the Keynesians
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