Word: keynesism
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In 1951, Princeton economics major Jack Bogle wrote a senior thesis extolling the virtues of the small but growing mutual-fund industry. At the time the reigning view of the stock market was that expressed 1 1/2 decades earlier by the great English economist (and speculator) John Maynard Keynes: it...
Bush and U.K. Prime Minister Tony Blair were misguided in thinking they could impose democracy on a culture that doesn't have the prerequisites to make that form of government viable. It is a failing of many of our well-intentioned leaders to think that they have the power to...
Bush and U.K. Prime Minister Tony Blair were misguided in thinking they could impose democracy on a culture that doesn't have the prerequisites to make that form of government viable. It's a failing of many of our well-intentioned leaders to think they have the power to change...
Bush and U.K. Prime Minister Tony Blair were misguided in thinking they could impose democracy on a culture that doesn't have the prerequisites to make that form of government viable. It is a failing of many of our well-intentioned leaders to think that they have the power to...
My dubious optimism is not unique. No one actually seemed that worried. And why not? It’s hard to contemplate uncertain, distant apocalyptic scenarios when it’s so nice outside. Climate change may have some unfortunate long-term consequences, but then again, as John Maynard Keynes...