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Turgeon was unique among the Keynesians in that most Keynesians spent their time analyzing the capitalist economies and did not bother much with the socialist economies.
For Turgeon, classical Keynesianism offered the best answers to capitalism's problem of idle capacity.
The unprecedented success of Keynesianism is due to the fact that it provides an apparent justification for the ‘deficit spending’ policies of contemporary governments.
On monetary and fiscal policy, the Democrats are the classic party of liberal Keynesianism, in contrast to the Republican policy of conservative Keynesianism .
What's far worse is the phenomenon of the inflationary recession that Keynesians are always trying to foist upon us.
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