Word: maynards
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...matter at all. For in Cambridge, England, 24-year-old Lytton Strachey was loudly proclaiming that he and his fellow members of the Apostles, a small society of intellectuals, were about to inherit the earth. They never quite made it, but in their later guise as the Bloomsbury Group-Maynard Keynes, E. M. Forster, Bertrand Russell, Virginia Woolf, Clive Bell among others-they did become the most powerful extra-Establishment gang that England has seen in this century...
...years ago. In the next five years, the nation's steel producers intend to invest about $12 billion to expand, modernize and automate. Then there is the nation's annual investment in research and development: last year it took $24 billion. Contrary to John Maynard Keynes-who theorized that economies eventually mature, stop growing, and then demand only meager amounts of capital-it is now clear that as economies become stronger and more sophisticated, their appetite for capital increases...
...came the Washington-based International Monetary Fund and its sister agency, the World Bank (now headed by Rob ert Strange McNamara), which makes loans to underdeveloped countries. Bretton Woods' key decision was to stick with gold as the primary international monetary asset. In vain, Britain's John Maynard Keynes argued for creation of a new international money to sup plant gold. He warned that reliance on "the barbarous metal" would ultimately lead to a drying up of reserves and re strictions on trade and capital flow. The U.S. (then holding some 57% of the world's monetary...
...Strachey, author of Eminent Victorians, but all of them, says Rees, have omitted his sexual preference- an ardent, lifelong homosexuality. The 1,229-page, two-volume biography by Michael Holroyd is long enough-and honest enough-to include much of Strachey's hitherto unpublished correspondence with John Maynard Keynes, a contemporary of his at Cambridge. The letters consist mostly of outpourings of enthusiasm for comely young men, for whose favors Strachey and Keynes strenuously competed. "It was a kind of intricate ballet of the affections," writes Rees, "in which Keynes, ruthless, serpentine and slightly Mephistophelean, invariably comes off best...
...Harvard in 1936 that Galbraith first read John Maynard Keynes's General Theory of Employment, Interest and Money, and became an immediate convert. It was there that he met a clutch of Kennedys: Joe Jr., then a sophomore; young Jack, who was "gayer, more easygoing, less politically inclined"; and Joe Sr., whom he approvingly describes as a "real operator." And it was there that he met his future wife, Catherine ("Kitty") Atwater, a petite (5 ft. 4 in.), pretty Smith valedictorian who was studying comparative literature at Radcliffe. "I looked up and up," notes Kitty of their first encounter, "wondering...