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23 Feb 2009, 4:52 am
But the retelling, in fact, is a cause of the current situation -- because the Great Depression serves as a model for our expectations, damping what John Maynard Keynes called our "animal spirits," reducing consumers' willingness to spend and businesses' willingness to hire and expand. [read post]
3 Jun 2014, 2:08 pm
It seems pretty different from the standards of the mosaic hinted at in the Maynard decision or the Jones concurrences. [read post]
30 Mar 2008, 11:28 am
" As John Maynard Keynes once said, when asked about long term results or predictions, " In the long run, we are all dead. [read post]
23 Jul 2010, 11:38 am
An unsympathetic viewer would rank it as the worst sort of adhoccery--rank it alongside all those finance types who said that the 2008 meltdown was "a six sigma event," when in fact it may have been nothing more contentious than a proof of the bankruptcy of their theory.Mankiw knows the culprit, and again, you can guess the name: John Maynard Keynes, propounder of what Mankiw calls "standard textbook theory. [read post]
6 Aug 2010, 10:57 am
This was new in the thirties, with John Maynard Keynes providing the intellectual basis for an active government role in fighting the Depression.The other key aspects of the New Deal that are still in play are, as far as I can discern, the following: securities regulation, labor laws, and Social Security. [read post]
31 May 2022, 3:18 pm
John, and Adam Schulman of HLLI. [read post]
15 Feb 2010, 9:15 am
Even 7th Circuit Judge Richard Posner, the judiciary's most radical free market advocate, has taken to reading and advocating ideas from John Maynard Keynes and frankly discussing the limits of theories of "perfect competition" based on rational action by self-interested consumers.For those who didn't waste much of their college years, as I did, sitting in economics classes, here's the boiled down list of seldom-satisfied assumptions which must be true for… [read post]
5 Oct 2011, 8:05 am
As John Maynard Keynes informed us 75 years ago, that purchaser is the government. [read post]
19 Jun 2011, 2:23 pm
I use “uncertainty” in the sense in which the economists Frank Knight and John Maynard Keynes distinguished between risk and uncertainty. [read post]
25 Jul 2010, 7:40 pm
Photo from USDA, Forest Service, and its online publication by John W. [read post]
7 Dec 2009, 10:22 am
Rather, we began thinking about it in 1940 just after Robert Maynard Hutchins announced that the University of Chicago was dropping football. [read post]
3 Dec 2008, 2:48 pm
In particular, he has expounded on John Maynard Keynes' critiques thereof. [read post]
28 Jan 2009, 5:11 am
The term "animal spirits," popularized by John Maynard Keynes in his 1936 book "The General Theory of Employment, Interest and Money," is related to consumer or business confidence, but it means more than that. [read post]
7 Jun 2010, 3:31 am
I look forward to my next decade with great partners like Dave Marquardt, John Johnston, Andy Rappaport, Vivek Mehra, and Howard Hartenbaum, and phenomenal entrepreneurs like Selina Tobacawalla, Al Lieb, Josh Silverman, Rene Lacerte, Martin Gates, Jim Heeger, James Currier, Rick Marini, Stan Chudnovsky, Travis Kalanick, Ben and Mena Trott, Barak Berkowitz, Chris Alden, Matt Sanchez, Dave Lerman, Kevin Sladek, Bob Philips, Bharath Kumar, Denis Stradford, Frank Rhode, Erik Swan, Michael Baum,… [read post]
13 Nov 2006, 6:51 am
John Maynard Keynes famously observed that "[i]n the long run, we're all dead. [read post]
9 Jul 2010, 8:57 am
But threats of that type motivated John Maynard Keynes and his disciples. [read post]
1 Jul 2011, 1:06 pm
Maynard, in which the court unanimously held that the police use of GPS tracking on a criminal suspect over several weeks constitutes a “search” and requires a warrant. [read post]
15 Jan 2011, 9:38 am
They were, they say, testing John Maynard Keynes’s famous “beauty contest” analogy. [read post]
15 Jun 2010, 3:52 pm
The action centered around Maynard L. [read post]
18 Mar 2012, 11:46 am
The great economist John Maynard Keynes, the architect of the post-War World Two middle class democracies, was essentially a Christian Democrat, even though he was gay and an atheist: "Western civilization of which the institutional foundations are... the Christian Ethic, the Scientific Spirit and the Rule of Law. [read post]
