"The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere.
The welfare state has, over the past forty years, come under increasing attack from liberals who consider comprehensive welfare provision inimical to liberalism. Yet, many of the architects of the pos
Keynesian economics, which proposed that the government could use monetary and fiscal policy to help the economy avoid the extremes of recession and inflation, held sway for thirty years after World W
