Word: keynesism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
It was not George W. Bush he was describing but Woodrow Wilson. When Wilson set off for the peace conference in Paris at the end of World War I, he was, said John Maynard Keynes (the source of the waspish comments above) endowed with a "prestige and a moral influence...
Ok, this is not quite true either. A revolution will come with the marriage of gravitation and quantum mechanics in physics, economists don’t really know what is going on out there (no matter what Paul Krugman says), and linguists are groping in the dark for foundations as...
As a result, downsizing is no longer the only way for businesses to slash their payroll costs. After working so hard and spending so much to recruit employees during the talent wars of the past decade, more firms are desperately trying to hang on to their workers while still cutting...
That last claim happens to be true - sort of. Rock-hard fiscal discipline can persuade the bond markets to bid down long-term interest rates, which make home and car loans cheaper and borrowing consumers richer. But mortgage rates are already at lows for the year, mainly because these days...
Sarbanes, who usually greets the Fed chairman with bared teeth at these things, opened the hearing by cross-examining Greenspan on one particularly quotable passage in his remarks, a rhetorical question whether the Fed had "the capability to eliminate booms and busts in economic activity? Can fiscal and monetary policy...