John Maynard Keynes

PM, this is real economic growth

On a year on year measure, GDP rose 3.8 per cent – above a 3.3 per cent forecast – and a moderation from the 4.3 per cent year on year registered at …

Economy

A Classic Case of Casino Capitalism

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.<p>—John Maynard Keynes<p>The stock-market selloff last Thursday was a classic example of Casino Capitalism. President Donald Trump descended into a war of words with North …

Finance

Tesla Inc (TSLA) Stock Offers Painful Lessons for Short Sellers

<b>Tesla Inc</b> (NASDAQ:<b>TSLA</b>) is a tempting target for short sellers. Just some of the reasons include: the company continues to lose money; there is the …

Finance

Don't Be Fooled: A Weaker USD Is Approaching And We Are Still In A Currency War

CPI has missed expectations yet again. This is the fifth straight month. The trend for inflation is clearly downwards.<p>The Fed had expected more …

Economics

Elvis In the Heart of America

Considering the source, it was a startling claim. A longtime lieutenant of TIME and LIFE founder Henry Luce, journalist Richard Clurman found himself …

Elvis Presley

Auckland property prices could soar in a year or two

Auckland's house prices could skyrocket again in one to two years driven in part by the public's view of property as a money-making asset in a market …

House Prices

Elizabeth Serson Johnson obituary

My mother, Elizabeth Serson Johnson, who has died aged 95, was a Canadian-American author and editor of The Collected Writings of John Maynard Keynes, who also wrote on the economist’s achievements as a literary stylist and social figure. Liz worked on four volumes of Keynes’s papers as well as …

Canadian News

The Bank of England, 1914 War Loans and a Patriotic Cover-Up

The Bank of England secretly plugged a multi-million-pound hole in Britain’s finances during World War I, covering up the failure of one country’s …

Business

Bank of England covered up failed first world war bond sale

On November 23 1914, a piece published in the Financial Times claimed the UK government’s war loan was “oversubscribed”, with applications “pouring …

Bank of England

Column: How can the stock market rally possibly continue?

Photo by Brendan McDermid/Reuters<b>Editor’s note:</b> Vikram Mansharamani, for years a professor at Yale and who now teaches at Harvard, is an investment …

Economy

Game of Thrones Episode 4: Debt, Destruction, and Dragons

Spoiler alert!<br>Read More

Three-eyed Raven

The New Socialism of Fools

The shift in US employment from assembly-line manufacturing to construction, services, and caretaking has not had a significant impact on the overall …

Economics

Verso Logo

US Nobel Prize–winner Paul Krugman described Thomas Piketty’s <i>Capital in the Twenty-First Century</i> as “perhaps the most important book of the last …

Keynesian Economics

The Germans follow Keynes’ advice!

If anything, the German Problem is complacency, not the current account surplus<p>Is Germany not consuming enough? At 55%, the share of consumption in German GDP is lower than in most other developed countries.<p>Arguably, this could be seen as a problem for Germany. Its consumers could enjoy a better …

Economics

“Malay race” created by ang mohs, not the Malays

(Alt title:<b> “How can S’pore be creative and prosperous when the PAP clings to discredited. outdated theories?”)</b>But first, this well argued, reasoned …

Hem Founder Petrus Palmér on the Design Industry's Radical Changes

AD talks to the head of the upstart Swedish brand that's been called the "Everlane of furniture"<p>A few years ago I caught wind of an up-and-coming Swedish company. At the time, Hem, a Stockholm-based (originally Berlin-based) furnishings brand whose name comes from the Swedish word for "home," was …

Furniture

The markets are virtually risk-free

REUTERS/Sue Ogrocki<p>For the last year, I have been looking for what we classify as a wave (3) to strike the 2500SPX region. And, now, we are getting quite close.<p>Meanwhile, this rally has brought out two camps of market expectations at this juncture, both of which I believe are wearing blinders. We …

Trading

Learn the Warning Signs of the Next Stock Market Crash

In most years, the stock market goes up. And then, when you least expect it, it plunges. Unfortunately, stock market investors can’t totally predict …

Trading

The Biggest Worry for British Bankers Isn’t Brexit

The financial sector would like to ignore the Labour Party leader. But if he one day takes power, they’ll wish they had been better neighbors.<p>It's no wonder they never talk: One wears neatly tailored suits of superfine Italian wool; the other is so anti-fashion that his uniform of choice -- flat …

Brexit

Top 10 worst policy decisions

As Matthew Parris compares Brexit to Suez, and Andrew Adonis compares it to Appeasement, Chris Jones suggested a list of the worst policy decisions. …

Great Leap Forward

Will a Robot Take Your Marketing Job

Are you panicked yet that artificial intelligence (AI) will soon put you out of work? Could a robot take your marketing job? Some of the brightest …

Intelligence

Sweden shows that pay transparency works

It is one of the last taboos. You can swear on television and breastfeed in public, but you cannot talk about how much you earn. Not in Britain, at …

Sweden

When Keynes pondered Malthus

In a conversation with Clifford Geertz in 1976, the economist Albert O Hirschman playfully expressed the first law of the social sciences: “Whenever …

Economics

Gehrke: Billionaire Kochs may be getting a deal if they buy the U.'s reputation for $10M

This is an archived article that was published on sltrib.com in 2017, and information in the article may be outdated. It is provided only for …

Salt Lake City

China Did Stimulus the Wrong Way

Instead of boosting government spending, the country embraced a risky expansion of its shadow banking system.<p>When the Great Recession hit, China didn’t hesitate to open up the fiscal taps. But the fast-developing country also embraced another form of stimulus that was a bit different from what John …

Economy

The Bushmen Who Had the Whole Work-Life Thing Figured Out

Every year automation and computerization squeeze out new segments of the labor force. In response, trade unions and workers anxiously wring their hands while savvy politicians demonize the “sinister” forces of globalization and make promises about job retention that they almost certainly won’t be …

Keynesian Economics

The US Special Relationship With Britain Needs a Rest - ASHARQ AL

Many Americans still regard Britain as the US’s political and cultural parent.<p>Despite the Revolutionary War and the War of 1812, the US and the UK …

Economics

The U.S. Special Relationship With Britain Needs a Rest

The U.K. is no longer a source of the kind of great ideas that shaped America's politics and culture.<p>Many Americans still regard Britain as the U.S.'s political and cultural parent. Despite the Revolutionary War and the War of 1812, the U.S. and the U.K. eventually developed a special relationship …

Economics

After blockbuster ICO, Bancor takes first step to become ‘YouTube for currency’

Bancor, the blockchain startup that raised $147 million in an initial coin offering (ICO) last month, announced today that it has added the first member to its currency-liquidity network. That new member is Invest.com, an online financial advisory, which will be launching a prediction market called …

Bitcoin

Don't believe Brexiteers – globalisation isn't a bad thing, and it could be the solution to all of the left's problems

The past 12 months have been bad for the brand of globalisation. Brexit, Trump and a widespread rejection of multilateralism have overturned a …

World Bank