Word: keynesism
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A Sick World. John Maynard Keynes was a brilliant intellectual and financial operator who made a couple of million dollars dealing in international currencies and commodities half an hour each morning while still in bed. He wrote a mathematical masterpiece on probability, was the darling of the avant-garde Bloomsbury...
It was therefore tantalizing when Professor Bundy wrote on Saturday to criticize the article. He corrected the statement that he had proposed "individual treatment"; he had merely concurred with the University's policy. He also disclaimed his ownership of an epigram by Lord Keynes. He protested no further than this...
Let me add, while I am complaining, that while I am grateful for the credit line, I cannot claim to be the originator of the phrase, "It is ideas, not rested interests, which are dangerous for good or evil." The phrase belongs to the late Lord Keynes, as I pointed...
The University of Chicago's FRANK HYNEMAN KNIGHT, 65, onetime Illinois farm boy who became the nation's leading economist of the orthodox, classical school. Always seated in class ("You know how I happened to leave the farm? Well, it was my feet"), he acidly criticized everything from...
Some professors of economics may share the lady's feelings, when they approach such Goodwin articles as "The Multiplier as Matrix," ("in which I generalize Keynes' 'General Theory'"), or "Secular and Cyclical Aspects of the Multiplier and Accelerator." In vain they look for things familiar in a maze of matrices...