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We are all Keynesians now
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We are all Keynesians now : ウィキペディア英語版
We are all Keynesians now
"We are all Keynesians now" is a famous phrase coined by Milton Friedman and attributed to U.S. president Richard Nixon. It is popularly associated with the reluctant embrace in a time of financial crisis of Keynesian economics by individuals such as Nixon who had formerly favored less interventionist policies.
== History of the phrase and variations ==
The phrase was first attributed to Milton Friedman in the December 31, 1965, edition of ''Time'' magazine. In the February 4, 1966, edition, Friedman wrote a letter clarifying that his original statement had been "In one sense, we are all Keynesians now; in another, nobody is any longer a Keynesian."
Friedman's expression was purportedly a rejoinder to the 1888 claim of British politician William Vernon Harcourt that "We are all socialists now"; a declaration that was reprinted for a Newsweek magazine cover story in 2009.
In 1971, after taking the United States off the gold standard, Nixon was quoted as saying "I am now a Keynesian in economics",〔''The New York Times'', January 4, 1971〕 which became popularly associated with Friedman's phrase.
In 2002, Peter Mandelson wrote an article in ''The Times'' declaring "we are all Thatcherites now", referring to the acceptance among the other political parties of Margaret Thatcher's economic policies.
The phrase gained new life in the midst of the global financial crisis of 2008, when economists called for massive investment in infrastructure and job creation as a means of economic stimulation.
In a speech after the 2012 Iowa caucuses, Republican presidential candidate Ron Paul (R-TX) declared, "I'm waiting for the day we can say, 'We're all Austrians now'";〔(【引用サイトリンク】url=https://www.youtube.com/watch?v=467hCNuGvNw )〕 referring to a school of economics which advocates fiscal conservatism and laissez-faire economics, in stark contrast to Keynesianism.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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