Are You a Keynesian?

Nixon’s apparent declaration of fealty to the economic doctrine of John Maynard Keynes is not quite so striking a declaration of heresy as one might think.

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Economist John Maynard Keynes in an undated photo

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Over the course of this year, the centenary of William F. Buckley’s birth, we will republish an article by him weekly. In this column, Buckley takes up Richard Nixon’s declaring himself a “Keynesian,” arguing that it’s not quite as dramatic a statement as some reactions would suggest.

New York — A lot of people are snickering about the remark Mr. Nixon reportedly made to Howard K. Smith of the American Broadcasting System after the television interview of a week or two ago. “One interesting thing Mr. Nixon said to us after the interview was — ‘I am now a Keynesian in economics.’ That,” Mr. Smith remarked, “is a little like a Christian crusader saying, all things considered, I think Mohammed was right.”

William F. Buckley Jr.

About the Author

William F. Buckley Jr.

William F. Buckley Jr. founded National Review magazine in 1955.

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