Word: keynesism
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While Mr. Wallace may be mistaken as to the philosophic cause of the movement which he deplores, he is correct in assuming that this country must follow the lead of the rest of the world and join in it; and the programme of Mr. Roosevelt is, I think, the best...
He spits at his enemy John Maynard Keynes as "an entertaining economist whose bright but shallow dissertations on finance and political economy, when not taken seriously, always provide a source of innocent merriment to his readers."
It is perhaps significant that Mussolini has chosen this method of stimulating his export trade. Why did he not choose a mild dose of inflation instead? Was the decision a purely rational one, or did he have at heart the good of the bond-holding capitalist class? For those who...
The particular blast of Dr. Sprague is likely to be the signal for serious battle, which he promises to begin with a series of syndicated articles on good and bad monetary policies. Carrying the prestige of the "brain trust" to the Roosevelt public opinion and that of the Bank of...
Whether Mr. Roosevelt ever will be able to put such a policy into effect depends upon the cooperation he gets from the other nations of the world. When he first proposed it at the London economic conference, the gold countries turned a cold shoulder. The British ever since the war...