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- , then of the Federal
Reserve System, and its chairman for so many years, and associated
so much with economists, and had a very good economics staff, he
3
LBJ Presidential Library
http://www.lbjlibrary.org
ORAL HISTORY TRANSCRIPT
Lyndon B. Johnson Library Oral
- of conscious
use of budget expenditures and tax policy for economic stabilization,
for full employment and related policies.
M:
Okay~
would you use that phrase that you just gave as a definition
of the "new economics"?
H:
The "new economics," as the press