[PEN-L:1927] RE: Re: Re: a question

["Bove, Roger E." <rbove@xxxxxxxxx>]

     My recollection is that Nixon said "We are all Keynesians now." but
that Friedman amended it with "but in a sense none of us are Keynesians."
It's a quote I love to mangle with any convenient theorist's name.
                    Roger
     PS - I hope to see some of you at the URPE sessions in NY.
     PPS - Did any of you know Tom Richards, who passed away last week to my
great sorrow?
 ----------
From: owner-pen-l
To: pen-l
>Subject: [PEN-L:1925] Re: Re: a question
Date: Friday, January 01, 1999 3:08PM

Without an old newspaper to authenticate it, I recall that it was Nixon
in August 1971 after imposing wage price controls and an
expansive fiscal policy.

Gerald Friedman
Associate Professor of Economics
University of Massachusetts at Amherst
Amherst, MA.  01003

E-Mail: gfriedma@xxxxxxxxxxxxxxx
tel.: (413) 545-6357


On Fri, 1 Jan 1999, Tom Walker wrote:

> I always thought it was Nixon, but a few weeks ago I came across the quote
> in a published collection and it was attributed to Milton Friedman!
>
> >If anyone out there has is awake and has shaken off their hangover, I
woner
> >if you could answer the following question for me.
> >
> >Was it Nixon who said "We are all Keynsians now"?
> >
> >Thank you and best wishes for a healthy 1999.
> >
> >Frank
>
>
> Tom Walker
> http://www.vcn.bc.ca/timework/
>