Word: keynesian
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...both government and private enterprise. Social ownership of natural resources and utilities, nationalization of basic, sick, or essential industries, and central management of financial institutions would parallel individual operation of consumer-producer units. Branding collectivism as a stop towards totalitarianism. Thomas maintains that government planning and adherence to Keynesian economics can effect the desired economic readjustments...
...labyrinth by way of Henry Wallace's AAA. He helped frame the Wagner Act. He worked his way onward & upward through the Housing agencies. He mastered the gobbledygook of economic language and the fast footwork needed for intramural debate. He learned to jump out from behind corners, making Keynesian faces at businessmen. In 1946, with a boost from Harry Truman, he landed on the newly constituted...
Professor Schumpeter rose above the turmoil of Conservative, Keynesian, and Collectivist viewpoints as few men could do. Instead of attempting compromise he built his own house of economic theory--a theoretical structure that few could assail because few could do battle with it honestly. Often he was a man it was safer to try to ignore. His "Theory of the Business Cycle" was buttressed by some of the most exhaustive research ever attempted in the field of Economics, embracing examples from classic Greek fisheries to Land Grant Railroads. Having trekked over the continent of Europe in a manner that would...
...Curtis seemed bullish. Said he: "Time is running out on this stock market [down] cycle." On the other hand, he was also bearish: "Business may be in a slow-motion rollover into an oldfashioned, spiraling, chain-reaction decline." However, investors should also remember that "we are in ... the Treasury-Keynesian-Keyserling cycle. That means Government intervention-cheating the silly down-cycle from its accustomed brutal innings...
...difficult for the objective observer to understand the unpopularity of a public policy which had done so much for the masses. As we look back now, it may well be that what was interpreted as a repudiation of New Deal or Keynesian economics, upon which it was largely built, was in fact merely a registering of wartime fatigue and annoyance with the party that had imposed innumerable petty restrictions...