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Showing 21 - 30 of 37 results for "John Maynard Keynes"

Spend, spend, spend

BENJAMIN ONG  |  TUESDAY, 22 OCT 2013
... early 2000. Australians' new-found predilection towards savings is not doing the economy any good. Recall John Maynard Keynes' 'Paradox of Thrift'. In simple terms, it means that if people don't spend, companies don't earn. If companies don't earn, they ...

It doesn't compute

BENJAMIN ONG  |  FRIDAY, 17 MAY 2013
... Massachusetts on "Economic Prospects for the Long Run". Hope it's not the "in the long run, we're all dead" my man, John Maynard Keynes, talked about.

Keynes & Riccardo on display

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2012
... prior to September 2008 and 1.4% in 2005. This explains the US economy's tepid growth and a testament to JMK (John Maynard Keynes) "Paradox of Thrift". It's also proving David Riccardo's theorem. In simple terms, the Riccardian equivalence theory posits ...

Wow on Wall Street

BENJAMIN ONG  |  THURSDAY, 26 APR 2012
... Central Bank and Germany also looks like they're beginning to see my point of view (and my attachment to JMK- John Maynard Keynes) - more focus on growth and less on austerity. According to Bloomberg, "Chancellor Angela Merkel backed European Central ...

Stirrings

BENJAMIN ONG  |  TUESDAY, 31 JAN 2012
... that the Eurozone could not survive by austerity measures alone. Is Europa beginning to again embrace JMK? John Maynard Keynes and his government deficit spending model (during recession) had become so unpopular over the past few years because "it only ...

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
... future is just dumb, if the short-term present goes down the drain. For "in the long run, we are all dead" John Maynard Keynes (JMK)

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
... why am I not surprised? This sort of numbers proves what I've been typing on my keyboard all along - JMK's (John Maynard Keynes) "Paradox of Thrift". He explained how it would be disastrous for an economy if most of its consumers decide to save instead ...

Lost GPS

BENJAMIN ONG  |  MONDAY, 15 AUG 2011
... it blows up completely. To top it all, there's now this worldwide antipathy towards debt and deficits. When John Maynard Keynes put forth the "paradox of thrift" back in 1800s, he explained how it would be disastrous for an economy if most of its consumers ...

JMK rules

BENJAMIN ONG  |  THURSDAY, 31 MAR 2011
... earn about US$20 billion all up from its TARP investment - a gain of 8.2 per cent. Another proof that JMK's (John Maynard Keynes) "General Theory of Employment, Interest and Money" -- that during times of recession, the government should intervene to ...

Bad news is good news is bad

BENJAMIN ONG  |  MONDAY, 11 OCT 2010
... economy in the long term. But what good will it do if the economy dies before the long term? Remember JMK's (John Maynard Keynes) immortal words, "In the long run, we're all dead!"