John Maynard Keynes

Keynes-Open-College

Did Keynes Save Capitalism? (Open College podcast)

Or was he opposed to capitalism on principle? My 32-minute podcast discussion. Available at various listening sources: YouTube https://www.youtube.com/c/opencollege… Bitchute http://www.bitchute.com/opencollegepo… Apple Podcasts https://itunes.apple.com/ca/podcast/o… SoundCloud https://soundcloud.com/opencollegepod… Stitcher https://www.stitcher.com/podcast/poss… Google Play https://play.google.com/music/m/Iuram… Spotify https://open.spotify.com/show/2qgnmMD…

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Keynes’s continuing destructiveness — Ebeling’s and my evaluations

Economist Richard Ebeling at FEE: “The Damage Still Done by a Defunct Economist”: “Keynes helped undermine what had been three of the essential institutional ingredients of a free-market economy: the gold standard, balanced gov­ernment budgets, and open competitive markets. In their place Keynes’s legacy has given us paper-money inflation, government deficit spending, and more politi­cal

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Keynes: bad economics and bad politics

David Weinberger beats up on Keynes’s economics here: “despite numerous experiments since the 1930s, never has Keynesian policy precipitated a peacetime economic recovery.” And I beat up on Keynes’s politics here: “Keynes was not merely recommending a few surgical interventions to smooth out cycles or to jump-start moribund economies. Keynes’s economics are part of a

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Can We Blame Keynes for Keynesianism? [Good Life series]

In our era of Keynesian economics on steroids, we should ask: How close is current Keyesnian practice to original Keynesian theory? John Maynard Keynes‘s main claim to fame is his advocacy of deficit spending as a tool of economic recovery. In a depressed economy, the argument runs, the government should spend money it doesn’t have.

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Where are all those free-market economists who caused the financial crisis? [Good Life series]

A common meme about the financial crisis blames it on capitalism run amok and holds the rise of free-market fundamentalism among economists responsible for unleashing the greed. Academic economists, the argument runs, are largely free-marketers, and they convinced politicians to deregulate important swathes of the American economy, and the unbridled capitalists then engaged in a

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Podemos culpar Keynes pelo keynesianismo?

Em nossa era de economia keynesiana sob efeito de esteróides, devemos perguntar: quão próxima está a prática keynesiana da teoria keynesiana original? A principal alegação que levou John Maynard Keynes à fama foi a sua defesa de gastos via déficit público como uma ferramenta de recuperação econômica. Em uma economia em depressão, segue o argumento,

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Onde estão os economistas de livre mercado que causaram a crise financeira?

Um meme comum sobre a crise financeira culpa o capitalismo descontrolado e responsabiliza a ascensão do fundamentalismo de livre mercado entre os economistas como responsável pelo aumento da ganância. De acordo com o esse argumento, os economistas acadêmicos são, em grande parte, liberais. Eles convenceram os políticos a desregulamentarem setores importantes da economia norte-americana, de

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