Tags » John Maynard Keynes

Will a Keynesian Road Building Programme Put India On the Growth Path?

When in trouble, politicians and countries go back to the British economist John Maynard Keynes. Keynes in his magnum opus The General Theory of Employment, Interest and Money… 963 more words

How Trump Got the Economy Booming in Less Than a Year

President Donald Trump was elected because he effectively ran on restoring Ronald Reagan’s pro-growth economic policies: slashing tax rates, deregulation, and cutting government spending. Hillary contributed to his successful strategy by advocating keeping Barack Obama’s anti-growth policies intact, further convincing blue collar workers that Trump was their only hope. 740 more words

Economy

THE DEMISE OF THE SHERMAN ANTI-TRUST ACT (PART I)

THE DEMISE OF THE SHERMAN ANTI-TRUST ACT (PART I)

These days we are involved in petty argument and discussion of how to somehow make our democracy and its economy work for all of us with a petulant and grossly ignorant head of state and his party in control of our government. 857 more words

Whatever happened to the 15-hour workweek? Productivity gains went to the top.

In 1930, the economist John Maynard Keynes predicted that technological change and productivity improvements would eventually lead to a 15-hour workweek. But, despite significant productivity gains… 771 more words

Ideas

The entrepreneur himself represents a higher level of social elaboration.

It should be noted that the entrepreneur himself represents a higher level of social elaboration, already characterised by a certain directive and technical (i.e. intellectual) capacity: he must have a certain technical capacity, not only in the limited sphere of his activity and initiative but in other spheres as well, at least in those which are closest to economic production. 150 more words

Antonio Gramsci

Like another great mind of his time, Albert Einstein, Keynes had a preternatural ability to see relationships between complex phenomena entirely differently than generations of experts before him.

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Quotes