Keynes biographer Robert Skidelsky explains why, after decades of being ignored, the economist is back—and why we ought to keep his warnings in mind, even as the economy restarts. “I guess everyone’s ...
Keynesian theory cannot come into play to save the day when the right environment for strategic government intervention is absent. Whenever I think of the ...
Conservatives continue to decry the $787 billion stimulus package enacted in February. At best, they think it accomplished nothing because the additional federal borrowing took as much out of the ...
In the latest edition of the magazine, I have a longish essay on John Maynard Keynes, whose magnum opus, “The General Theory of Employment, Interest, and Money,” turns seventy-five this year, and who ...
One of the most misunderstood economists haunting the global economy is John Maynard Keynes, a truly friendly ghost who many have transformed into a poltergeist. Keynes was front and center in a ...
A brief burst of Keynes prevented a 1930s-style collapse that might have led to a more fundamental rethink of the status quo Keynes’s General Theory of Employment, Interest and Money is to economics ...
If you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a ...
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