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However, unlike most "saltwater" economists today, Keynes did not believe in the existence of the long run growth track independent of the short term actual utilization of productive resources, including labor.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Thu Nov 3rd, 2011 at 02:57:04 PM EST
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