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Showing 71 - 72 of 72 results for "Keynes"

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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