Word: keynesism
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The Master of Dunster House introduces the number with a sufficiently magisterial, yet eminently readable, article on "Revolution in Brazil." The leading articles are terminated by the attempt of a less widely known authority from the same House to deminstrate that, behind the radical whiskers, lurks J. M. Keynes, a...
What a reassertive Congress might do to the President's Budget estimates remained to be seen. Equally problematical remained Franklin Roosevelt's real purposes, despite the good intentions toward economy he expressed. Cornerstone of New Deal fiscal policy has been the doctrine of spending expounded to the President...
Financial London was shocked. The market slumped badly. London financial papers described the excess profits tax as "crazy," as paving the way for "a Socialist Government to ruin the profitability of British Industry." Writing in the London Times, Economist John Maynard Keynes said: "It is like a tax on twins...
Other kudos of the fortnight: Case School of Applied Science (Cleveland) President Arthur Cutts Willard of University of Illinois. . . . . . . . . . . . . D.E. Columbia University (New York) Professor Emeritus Ernest William Brown of Yale . . . . . . . . . . . . . . . . . . . SC. D. President James Bryant Conant of Harvard . . . . . . . . . . . . . . . . . . . . . SC.D. Chancellor Harry Woodburn Chase of New York University . . . . . . . . . . Litt. D...
Others who received honorary degrees were Harold Willis Dodds, new president of Princeton, Surrogate James A. Foley, Harry W. Chase, Chancellor of New York University, John M. Keynes, economist, Secretary of State Cordell Hull, Calvin B. Hoover, Professor of Economics at Duke University, and Russell H. Stafford, pastor of the...