Word: keynesism
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"The Bryn Mawr alumna would buy tickets for a lecture on economics by the late John Maynard Keynes and would go in much the same spirit as Juliana went to hear Churchill. Just as the Bryn Mawr alumna would bring her husband, so Juliana brought Bernhard. He sat there looking...
"Dollars to Save Britain." The story of this calamity-one of the most important events of the postwar world-begins two years ago when Lord Keynes came to the U.S. to talk about getting dollars to save Britain. Keynes started with the idea that nothing less than 5 billion dollars...
"Forget the British." In most regions of the world (except the Western Hemisphere, the Far East and Germany), the job of combatting the exploitation of confusion had fallen primarily upon Britain. That Britain could not carry this burden had been apparent for months to some Americans and some Britons. A...
If Britain could not get much better terms on this and its other sterling debts, its chance of payment was thinner than Lord Keynes's ghost.
Eady and Cobbold could remind the creditors that: "It was your war as well as ours." But the best argument was simply that if everybody demanded his full pound of flesh, there would not be enough to go around. Before his death, Lord Keynes had spoken his mind about those...