Word: keynesism
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Sir Wilfrid Eady, who succeeded Lord Keynes as traveling ambassador for the British Treasury, and Cameron Cobbold, Deputy Governor of the Bank of England, had got as far as India. They had come to ask how much of a ?1,250,000,000 debt could be written off, and what...
Have the dollars been wisely spent? British insiders sadly recalled the wrath of Lord Keynes when he returned from negotiating the Washington loan and learned of commitments Britain had made. These included exchange arrangements with France, Belgium and Denmark, credits to Greece, help for the British zone in Germany. Keynes...
Professor Hansen, long famed as America's foremost exponent of the governmental policies derived from the "new economics" of Britain's John Maynard Keynes, still carries on his business at the same old stand. This time, however, he has presented his wares with both a new external decor and a...
Some years ago, theorists of the Keynes-Hansen school were summarily tagged as "pump-primers." That emotionally charged label no longer does them justice. Professor Hansen argues tellingly for an integrated set of Federal policies which will diminish the roller-coaster swings of the economy from prosperity to ruin. The...
Even a legislator, however, could understand the implications of Part Three of the volume, in which its author reviews succinctly the plans of Britain, Canada, Australia, and Sweden, contrasting with them the patchwork procedures so far evolved in the United States. The object-lesson is pellucidly set forth; in matters...