Word: keynesism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
TREADING THE AGE OF UNCERTAINTY is a little bit like taking a stroll through your old home town with your grandfather: you don't expect to see or hear anything startling, but his attendance to 'long-ignored detail with the personal, insider's touch almost makes the thing worthwhile. Grandpa...
Galbraith talks about a lot, but he is at his best when he talks about John Maynard Keynes and the Great Depression. Keynes is one of the few economists who is not subjected to a sound drubbing by Galbraith. This is perhaps so because in Keynes Galbraith saw many of...
The Great Depression provides the ideal jumping-off point for Galbraith's presentation of Keynesianism; this was the thinker's finest hour. In one of the best of the book's many historical foreshadowings, Galbraith describes Keynes's lonely stand in opposition to the reparations clauses of the treaty ending...
Galbraith's sappy praise for Keynes stands out all the more when contrasted with the light in which the author places almost every other thinker, businessman, and institution that crosses his path: dim. Wht saves The Age of Uncertainty from being a history text is the personal touch. Tour-guide...
Keynes is the book's sentimental favorite. Galbraith himself was under the influence of the British economist's theories during the Roosevelt years. Keynesianism became Americanized and contributed to our prosperity by successfully arguing that the Government spend to create jobs. But even Keynes now appears obsolete. Federal...