Books: Riding the Keynesian Coattails

THE AGE OF KEYNES by Robert Lekachman. 324 pages. Random House. $6.

"It has been said that we are all Keynesians now," writes Robert Lekachman, borrowing the heading of TIME'S cover story (Dec. 31) on the late John Maynard Keynes. Now that Keynes has been embraced by politicians and popularized by journalists, the academicians are eager to assess again the ideas of the 20th century's most influential economist. Lekachman, head of the economics department at the State University of New York at Stony Brook, is the first American to analyze at book length Keynes's...

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