Word: keynesism
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Such are the jolting contrasts that make the U.S. economy a puzzling picture at the moment?as, indeed, it has been during most of Jimmy Carter's first year in the White House. To the public at large as well as to economists and businessmen, the contradictions appear to mirror...
Despite reports that Keynes is dead and that Jimmy Carter cannot turn the economic stove higher than a simmer, those future business executives across the Charles continue to reap the rewards of the increasing corporate demand for elite technocrats. The Harvard Business School's Class of '77 led all comparable...
Despite reports that Keynes is dead and that Jimmy Carter cannot turn the economic stove higher than simmer, those future business executives across the river continue to reap the rewards of the increasing corporate demand for elite technocrats. The median starting salary of last June's Harvard Business School graduates...
On the eve of the emergency meeting of 14 nations convened in Paris last week by the IMF, Witteveen, a thin, elegant figure who lives in Washington with his wife, spoke serenely to TIME about his economic philosophy and his religious convictions. Although he calls himself a liberal (he is...
Everyone, except the high priest of modern economics, Keynes, emerges sopping wet from their confrontations with Galbraith. So the question arises, just what are Galbraith's political persuasions? Cutting through all of Galbraith's sarcasm we find a fuzzy picture. On the crest of his wave of assault on the...