Word: keynesism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The colleges create the mental climate of the country--their choices of whom to honor should represent in a democratic nation simply those who have done most for learning and for democracy. Just as the Navy for the first time has started to have an occasional launching with a riveter...
Payroll taxes, he explained, are really loans at interest, which are paid back after the war, and serve to cut down consumer demand now and increase it when it is needed. This is a variant of the Keynes Plan, in effect in England.
To wartime London it looked as if Monty had swallowed too much for his ancient stomach. For ex-Cassandra Keynes, personal braintruster to ex-Cassandra Winston Churchill, has already seen his ex-radical fiscal ideas (notably compulsory savings) become an integral part of British national policy.
In his Cassandra days, Mr. Keynes called the gold standard a "barbarous relic"; Mr. Norman, in his heyday, said "I am the gold standard!"
Though Londoners foresaw fireworks in this juxtaposition of black and white, they were pretty sure that the post-war face of the Old Lady of Threadneedle Street would bear more resemblance to Keynes than to Norman.