Word: keynesism
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Among the gentlemen present were Chiang Kai-shek's Finance Minister Dr. H. H. ("Daddy") Rung, Canada's Ilsley, Mexico's Suarez, Netherlands' Beyen, Russia's Stepanov, Iran's Ebtehaj. No one knew last week how they would line up; most of the preliminary...
To the white-pillared Mount Washington Hotel, the chosen battlefield, Lord Keynes led a British delegation of 15 which included two of England's best economic brains: Lionel C. Robbins and Dennis H. Robertson.
The successor of the Keynes (British) and White (U.S.) plans for stabilizing postwar monetary exchange was last week announced to a sympathetic Congress by Secretary Morgenthau. This one is also only a plan- still to be formally drafted and not yet agreed to by any nation-but it is not...
¶ Every nation would subscribe its quota by giving the Fund a credit in its own currency, except that each nation would have to put up some gold - either 25% of its quota or 10% of its gold reserve, whichever is less. (This is a compromise between the Keynes plan...
The Grand Objective. The fact that Lord Catto, the practical banker, could work so closely with Keynes, the intellectual, was not surprising. Their cooperation grew out of a simple need, the same need which old Montagu Norman had felt at the end of World War I-the need for a...