Keynes Supported Counter-Cyclical Payroll Tax Reductions

by Mario Rizzo   It seems that a number of conservative or libertarian economists are now supporting a temporary reduction in payroll taxes as a preferred stimulus idea. See, for example, here     John Maynard Keynes beat them to it! In correspondence with the economist James Meade in 1942 Keynes says he is “converted” to … Continue reading Keynes Supported Counter-Cyclical Payroll Tax Reductions