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Enrico Sergio Levrero, An initial ‘Keynesian illness’? Friedman on taxation and the inflationary gap, Cambridge Journal of Economics, Volume 42, Issue 5, September 2018, Pages 1219–1237, https://doi.org/10.1093/cje/bey007
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Abstract
This paper examines Friedman’s writings in the years 1941–43 and compares them with those after the war with a view to assessing differences and similarities. Albeit a first assessment, Friedman’s claim that he was suffering from a ‘Keynesian illness’ in his ‘Washington phase’ appears to have been less ‘serious’ and deep than he himself feared, although he was to some extent influenced by the ‘prevailing Keynesian temper of the time’.
© The Author(s) 2018. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved.
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