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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: John Maynard Keynes

John Maynard Keynes stories: 4 news summaries

OPINION

Krugman: How Economists Blew It

Downturn blindsided big brains who thought markets were perfect

(Newser) - Believe it or not, economists were, until about a year ago, congratulating themselves on a job well done. Now the dismal science is in shock, and Paul Krugman thinks he knows why. Economists, he writes in the New York Times Magazine, “mistook beauty, clad in impressive-looking mathematics, for... More »

MORE ABOUT:
economics recession Paul Krugman financial crisis John Maynard Keynes economists

OPINION

Obama Must Spend Boldly— or It's Great Depression II

Only government can save us now: Krugman

(Newser) - For decades economists believed that a second Great Depression was impossible; all the Fed had to do, they said, is print more money. But as Paul Krugman writes, monetary policy has failed; despite "supplying liquidity like an engine crew trying to put out a five-alarm fire," credit remains... More »

OPINION

 End the 
 Recession: 
 Throw Us 
 All a Grand 

Banks just horde cash; citizens will spend it

(Newser) - The financial crisis has begotten a global recession, but government leaders across the world are still concentrating their efforts on fixing the banking system. That's a waste of time, writes Simon Jenkins; the banks only horde cash to save themselves and ride out the downturn. For the Guardian columnist, the... More »

MORE ABOUT:
recession economic stimulus package tax rebate supply and demand John Maynard Keynes

opinion

Keynes Not a Dirty Word Anymore

Ideas of slandered economist could save the world

(Newser) - In his time, John Maynard Keynes was revered as a genius for his belief that humans shouldn’t “think of themselves as victims of impersonal economic laws,” writes Nick Fraser of the Independent. Later, conservatives mocked him and tarnished his name, attaching the word “Keynesian” to “... More »

MORE ABOUT:
economics England John Maynard Keynes

4 Stories