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Showing 1 - 10 of 37 results for "John Maynard Keynes"

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... recouped - through higher taxes or reduced social welfare spending or both -- in the long run. But to quote John Maynard Keynes - he who prescribed to the world exactly what governments around the world are doing right here, right now (Keynesian economics) ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... employed, may seek to boost their savings after having had their finances severely stretched," Alankar said. "As John Maynard Keynes reflected nearly a century ago, household savings may be beneficial to the individual, but bad for aggregate economic ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... someday, a cure, vaccine will be developed. That, or "in the long run, we're all dead". This is a quote from John Maynard Keynes - he, who gave birth to Keynesian economics that posits increased government spending during recessions to raise aggregate ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... pledged "stand ready to take further action to address those risks". It's all gloom and doom and to quote John Maynard Keynes, "in the long run we're all dead". That, of course, is if COVID-19 endures and permanently wreaks death and/or destruction ...

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

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... 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 (RBA) was alluding ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... inflation sustainably at the target." Even better, and what could be the start of the adoption of JMK's (John Maynard Keynes) counter-cyclical prescription around the world - fiscal policy spending - the Conservative Party pledges government spending ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... communist/socialist/authoritarian government. China's counter-policy responses smack of adherence to the diktat of capitalist John Maynard Keynes. China's right in the thick of employing Keynesian Economics - a capitalist/market economy stabilisation ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

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 ...
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