2 ms·
That study was the intellectual justification for the policy. To be fair, I'm not sure if any of the proponents actually believed (or had read) the study, but
by disgruntledphd2 6y ago
That study was the intellectual justification for the policy.
To be fair, I'm not sure if any of the proponents actually believed (or had read) the study, but it was definitely wheeled out in debates against Keynesians.