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In the past few years there has grown up a large group of young economists who have accepted the theoretical doctrines of the Keynesian Revolution and who have come into national prominence through their support of an economic policy of full employment.

— Lawrence Klein

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From Keynes' point of view the economic system, before the war failed in its solution of the unemployment problem

At the beginning of a decade it is tempting to look ahead for the next ten years.

There are many reasons there was higher inflation in the 1970s. But that is a complicated story that deals with much more than tax policies.

I believe that monetary policy has a chronic defect. It is asymmetric—it works better in restraining an economy than in stimulating an economy.

The centrally planned economics used to consider themselves well insulated against the economic ills of the rest of the world. This is no longer the case.

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Quote text and notes from Wikiquote: Lawrence Klein (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.