1960s–1970s, A Conversation with Professor Friedrich A. Hayek (1979)
“At best, in such depression times, monetary policy is a feeble reed on which to lean.”
Source: The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929), Chapter X, Cause and Consequence, p. 190
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John Kenneth Galbraith 207
American economist and diplomat 1908–2006Related quotes
"Who Was Milton Friedman?", The New York Review of Books (February 15, 2007)
The New York Review of Books articles
Source: Understanding International Conflicts: An Introduction to Theory and History (6th ed., 2006), Chapter 7, Globalization and Interdependence, p. 218.
" Monetary Policy; Science or Art? https://economics.mit.edu/files/742" (2006)
Source: "A general equilibrium approach to monetary theory" (1969), p. 29 as cited in: Andrés, Javier, J. David López-Salido, and Edward Nelson. " Tobin's imperfect asset substitution in optimizing general equilibrium http://research.stlouisfed.org/wp/2004/2004-003.pdf." Journal of Money, Credit and Banking (2004): 665-690.
"Keynsianism Again: Interview with Lawrence Klein", Challenge (May-June 2001)
"Keynsianism Again: Interview with Lawrence Klein", Challenge (May-June 2001)