Word: keynesism
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MEN are largely motivated by three basic desires-food, love and money-and of these, the least understood is money. Even Lord Keynes said that the agreement for the world's "gold-exchange" monetary system, framed 24 years ago at Bretton Woods, N.H., sounded as if it had been...
At Cambridge, Woolf was one of the "Apostles"-a tiny, self-perpetuating club that once included Bertrand Russell. Later he was a charter member of the group known to the public as "Bloomsbury" and to itself as "the Memoir Club." They read their own memoirs to each other. It lasted...
Preplanned cities are big business for the English Government. Ten small towns are growing into old communities around London. Twelve new towns of 100,000 each are going up on the outskirts of Birmingham. Liverpool, Glasgow, and Edinburgh. Now, Milton Keynes, a city of 250,000, is on the Government...
Russell had come to the university in the hope of meeting the most brilliant of his contemporaries. It was some time before he found out that he already had done so: they were his immediate circle of friends, including the three Trevel-yans, poet, historian and scholar; Lytton Strachey, J...
Some people have assumed that Ec 1 is a "liberal" course because it teaches Keynesian theory of national income. However, we would like to suggest that there is nothing "liberal" or "conservative" about Keynes as taught in Schulze or Eckstein. Most businessmen accept the idea that the government should use...