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Showing 31 - 37 of 37 results for "John Maynard Keynes"

Running of the bulls

BENJAMIN ONG  |  TUESDAY, 3 AUG 2010
... construction fell by 0.8 per cent and 0.5 per cent, respectively. But isn't this what the stimulus is supposed to do? John Maynard Keynes will be proud. Europe it's turning inside out Yeah! Crisis? What crisis? Markit Economics reported last night that ...

Paradox of thrift

BENJAMIN ONG  |  THURSDAY, 8 APR 2010
... why had Wall Street used this stat as one of the reasons to sell last night? The answer, my friend, lies in John Maynard Keynes' "Savings Paradox" or the "Paradox of Thrift". Long gone Johnny explained how this is not good for the economy many, many ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
... churn to keep production activity going. In the field, this is known as the 'paradox of thrift' theorised by John Maynard Keynes (for a man who's been dead for more than 60 years, he is getting a lot of coverage these days). According to Wikipedia, 'the ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
... Rationale or not, who would save money for tax payables in the long run? Wasn't it another great economist - John Maynard Keynes - who said that, in the long run, we're all dead? Well, the long run has come, and Americans are not dead, so they have to ...

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
... future. But now is when the problem is most acute and pressing. And after all, as that other great economist - John Maynard Keynes - said, 'in the long run, we're all dead.'

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
... lowering) interest rates and flooded the economic system with money. This time Bernanke proposes a return to John Maynard Keynes who proposed that governments should intervene - fiscal stimulus - during times when the economy is contracting. Keynes believed ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... and common law, would be a self-regulating and highly prosperous economy, gave way to the theory posited by John Maynard Keynes in his opus, 'The General Theory of Employment, Interest, and Money. Keynes postulated that laissez-faire capitalism is inherently ...
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