WHEN the Great Depression drove John Maynard Keynes to state the theorem now bearing his name, critics accused of him making a U-turn. He famously rounded on them saying: "When my information changes, I alter my conclusions. What do you do, sir?" He was referring to the fact that the 1930s Depression laid bare the shortcomings of almost all economists then...
|Number of pages||2|
|Journal||The Journal (Newcastle journal)|
|Publication status||Published - 9 Dec 2014|