Word: keynesism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Lord Keynes would undoubtedly have spotted the problem right away. Like the penny, the low grade has apparently outlived its usefulness; both have fallen victim to the all-too-familiar phenomenon of inflation, if we are to believe some of the more outspoken critics of the recent upward swing in...
When Economist John Maynard Keynes published his General Theory in the 1930s, Franklin Roosevelt and his New Dealers saw it as philosophical justification for their much-disputed strategy of pulling the nation out of the Depression through heavy Government spending and big budget deficits. The Ford Administration, which has prepared...
In its long and losing struggle to manage an unruly economy, the Nixon Administration has at one time or another applied the diverse economic theories of Milton Friedman (concentration on money supply), John Maynard Keynes (liberal spending) and John Kenneth Galbraith (price control). Last week, still seeking an effective anti...
And this is how they were meant to be seen: gold was not a means of exchange in pre-Hispanic Colombia, for its origins were held to be divine. It had not become what John Maynard Keynes called "a barbarous relic." Fort Knox and Tiffany have corrupted our responses to...
Weinberger said that massive spending on federal programs in the 1960s was due in part to unjustified faith in Keynesian economics. Keynes's theory holds that increased government expenditure will have an immediate beneficial impact on national income.