Remember stagflation? A combination that Keynesian economics had trouble reconciling.

还记得滞胀吧？这是凯恩斯经济学难以调和的一个组合。

Keynesian economics is all about what governments do.

凯恩斯主义经济学就是关于政府做什么的。

" Keynesian economics is dead, " he reported in 1979. That report proved exaggerated.

“凯恩斯主义经济学已经死了，”他在 1979 年报告说。事实证明那份报告被夸大了。