Word: keynesism
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Probably the most cogent piece is Marc Fasteau's article on the economic problems of disarmament. He first disposes of the fear that economic factors alone would lead to general depression in the event of disarmament. The government, he notes, could continue to pay arms producing corporations after production of...
But given the fact that its authors were largely blue-chip businessmen and bankers,* Money and Credit does contain one major surprise: it goes remarkably far toward endorsing existing Government regulation of the economy and asking for more of the same. Despite numerous individual dissents, carefully registered in footnotes, the...
In the 1930s, the Depression economics of Britain's John Maynard Keynes modified classical doctrines, but it still had a whiff of the "dismal science" about it: the internal dynamism of the capitalist economy was gone forever, as Keynes saw it, and permanent government manipulation would be needed to...
The second printing will boost to 30,000 the number of copies of the study, which is called Keynes at Harvard, and is subtitled "Economic Deception as a Political Credo."
A group of extremely conservative alumni, the Foundation has published a staff study" entitled Keynes at Harvard, which charges that the department is in the grip of a "Keynesian orthodoxy," and refuses to tolerate any kind of economics save its own "leftist" variety.