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Comment on Casey Mulligan: Keynes in Both Fresh and Salt Water
1Federal University of Santa Catarina, Brazil
Citation Information: The Economists' Voice. Volume 7, Issue 2, Pages –, ISSN (Online) 1553-3832, DOI: 10.2202/1553-3832.1734, March 2010
- Published Online:
Casey Mulligan suggested in The Economists' Voice that this recession was caused by "something [that] made real wages high and employment low." This coincides with his own view of the causes of the Great Depression. The similarity inevitably brings back General-Theory-Keynes, according to Da Silva, and justifies the suspicion of some salt water economists that Mulligan is blaming both downturns on laziness.