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Showing 11 - 20 of 41 results for %22John Maynard Keynes%22

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
... Board does not see a strong case for a near-term adjustment in monetary policy." At least we learned from John Maynard Keynes what long-term is: "in the long-run we're all dead" but how long or short is "near-term"? My guess is that the "near-term" would ...

Chief economist update: Build, build, and build some more

BENJAMIN ONG  |  TUESDAY, 30 JAN 2018
... year and has gained another 5.8% this year. In spite of Duterte's animosity towards the west, he's embraced John Maynard Keynes' prescription, using government spending to "build, build, and build." The Nikkei Asian Review reports that, "At the core ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... dollar is a reflection of the strength of the US economy..." Hopefully, Mnuchin's "long-term" is not as long as John Maynard Keynes' because to quote, "for in the long run, we are all dead". Ben Ong is the Director of Economics and Investments at Rainmaker ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... (we - and the Fed - won't know it's a bubble until it's burst). Irrational exuberance redux? Perhaps. But as John Maynard Keynes stated many, many years ago, "The market can stay irrational longer than you can stay solvent."

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
... it's now pushing on a string -- and therefore... go Keynesian! Yes, that great guy, the British economist John Maynard Keynes (JMK), who advocated that during times of trouble - companies don't want to invest and consumers don't want to consume - the ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... 2015/16 (financialstandard.com.au). It's good. It's less austere and pro-growth than Budget 2014/15. JMK (John Maynard Keynes) would be pleased. It's bad. It's less austere and wouldn't make significant in-roads into cutting Australia's debt and deficit. ...

Tme to get fiscal

BENJAMIN ONG  |  FRIDAY, 27 FEB 2015
... before then. Perhaps it's time to try the more effective fiscal policy to stoke "animal spirits". Bring back John Maynard Keynes and let the government borrow and spend to revive the economy. Oh no, please don't crucify me for saying that, we still have ...

WTF moment on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2015
... the tech boom. Other valuation indicators provide the same readings. "Irrational exuberance"? Then again, as John Maynard Keynes once said, "markets can remain irrational longer than you can remain solvent". Then again, there's the Fed.

Crowding in

BENJAMIN ONG  |  TUESDAY, 25 NOV 2014
As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ...

When saving goes bad

BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
... ladies and gents, is the moral of the above passage from 'The Fable of the Bees' -- the passage that JMK (John Maynard Keynes), himself, cited when he gave us the 'Paradox of Thrift'. Mandeville wrote 'The Fable of the Bees' in 1714 and JMK's paradox ...