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Showing 1 - 10 of 16 results for "JMK"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... earning. This, 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'. This was what the Reserve Bank of Australia ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... Labour promises to double this - £55 billion a year versus £22 billion. It makes sense that the country that gave the world JMK be the first to put his advice into practice.

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
... 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 government ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... wherefores of Budget 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 ...

When saving goes bad

BENJAMIN ONG  |  FRIDAY, 28 FEB 2014
... would be earning. This, 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 ...

Irish luck unlocked

BENJAMIN ONG  |  MONDAY, 20 JAN 2014

Li gets what Li likes

BENJAMIN ONG  |  WEDNESDAY, 11 SEP 2013

Austerity can be hazardous to your health

BENJAMIN ONG  |  THURSDAY, 16 MAY 2013

Keynes & Riccardo on display

BENJAMIN ONG  |  WEDNESDAY, 1 AUG 2012
... in the four years 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 ...

Wow on Wall Street

BENJAMIN ONG  |  THURSDAY, 26 APR 2012
... fella. The European 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 ...
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