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Showing 1 - 10 of 72 results for "Keynes"

Chief economist update: Frydenberg spends big

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2021
"Australia's economic recovery is now well underway and we must keep the momentum going... but, this pandemic is not over. For as long as the virus persists, so will we. So tonight, we go further." This is according to federal treasurer Josh Frydenberg ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

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: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...

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 ...
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