Tags » John Maynard Keynes

ELECTIONS IN AN OLIGARCHY : WHAT WILL THEY BE LIKE ?

^ the dynamic of inequality : capital over wages — Thomas Piketty

^ politics as the umpire of economics : John Maynard Keynes

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News

We are ruled by economists.

http://blogs.reuters.com/anatole-kaletsky/2014/04/19/time-to-stop-following-defunct-economic-policies/#comment-1696

I’ve been gone for two weeks and have a lot of catching-up to do, but thought I’d begin with something most recent.  You’ve heard me claim that there are no political solutions to our slow-motion economic demise because our political leaders simply hand over economic policy to some economist who, invariably, regardless of whether they subscribe to the philosophies of Keynes or Hayek, are pro-growth and lean heavily on population growth to achieve it.  260 more words

Economics

Why the Future Doesn't Get Funded

Tuesday

Introduction

Why be concerned about the future? Will not the future take care of itself? After all, have we not gotten along just fine without being explicitly concerned with the future? 3,356 more words

Economics

A Disgusting Morbidity

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful human qualities into the position of the highest virtues.

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20th Century

My first six months in the Liberal Democrats...

“If cannot find a home by the principle of attraction, he must find one by the principle of repulsion and go to those whom he dislikes least, rather than stay out in the cold.” …

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Politics

Making the Case for Higher Inflation? Krugman’s Cockamamie Economics

Making the Case for Higher Inflation? Krugman’s Cockamamie Economics
by JBS President John F. McManus

A correct definition of inflation, something increasingly hard to find, appeared in “Webster’s New 20th Century Unabridged Dictionary (1957)”. 591 more words