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#keynes

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Austrian<p>"It would appear that we are now the slaves to the view of “defunct economist” John Maynard Keynes and that our “madmen” in authority, such as Fed Chairman Jay Powell and Paul Krugman, are distilling their frenzy from none other than Keynes himself!"<br><a href="https://mises.org/mises-wire/keynes-was-not-much-better-investing-he-was-understanding-economics" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mises.org/mises-wire/keynes-wa</span><span class="invisible">s-not-much-better-investing-he-was-understanding-economics</span></a><br><a href="https://mastodon.social/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://mastodon.social/tags/krugman" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>krugman</span></a> <a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/socialism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>socialism</span></a> <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a></p>
GaucheRépublicaineetSocialiste<p>💸La dette a remplacé l'impôt au profit des plus riches💸<br>👉 <a href="https://g-r-s.fr/la-dette-a-remplace-limpot-au-profit-des-plus-riches/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">g-r-s.fr/la-dette-a-remplace-l</span><span class="invisible">impot-au-profit-des-plus-riches/</span></a><br>La politique de l’offre n’a pas « libéré les énergies productives » ni « redonné de la compétitivité » et encore moins « rétabli les marges des entreprises pour qu’elles puissent investir ». Elle a alimenté la reconstitution du grand facteur de consolidation bourgeoise du XIXème siècle : la rente.<br>La politique de l’offre a transformé la recette fiscale en réserves de liquidités accumulées par les plus riches, qui l’utilisent pour … prêter à l’État contre des intérêts.</p><p><a href="https://piaille.fr/tags/offre" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>offre</span></a> <a href="https://piaille.fr/tags/politiquedeloffre" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politiquedeloffre</span></a> <a href="https://piaille.fr/tags/N%C3%A9olib%C3%A9ralisme" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Néolibéralisme</span></a> <a href="https://piaille.fr/tags/fiscalite%CC%81" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fiscalité</span></a> <a href="https://piaille.fr/tags/cadeauxfiscaux" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cadeauxfiscaux</span></a> <a href="https://piaille.fr/tags/RendsLargent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RendsLargent</span></a> <a href="https://piaille.fr/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a></p>
Thorsten Rochelmeyer<p><span class="h-card" translate="no"><a href="https://swiss.social/@albinmeyer" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>albinmeyer</span></a></span> Und <a href="https://climatejustice.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> hat dabei das Ausmaß des Wirtschaftswachstums noch dramatisch unterschätzt. </p><p>Jetzt ist alles durch den demografischen Wandel etwas komplizierter, aber klar ist, dass wir in eine vollkommen falsche Richtung abgebogen sind.</p>
Karl Dietz Verlag Berlin<p>Vom Ökonomen John M. Keynes ist der Satz überliefert, dass die Märkte länger irrational sein können als viele zahlungsfähig. Keynes' Theorie wird in turbulenten Zeiten gerne herausgeholt, um den Kapitalismus vor sich selbst zu retten. Ist aber mehr von ihm zu erwarten? Vielleicht in einem Dialog mit Marx? Das fragt der Sammelband aus unserer Backlist: <a href="https://dietzberlin.de/produkt/keynes-als-alternativer" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">dietzberlin.de/produkt/keynes-</span><span class="invisible">als-alternativer</span></a></p><p><a href="https://berlin.social/tags/%C3%B6konomie" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ökonomie</span></a> <a href="https://berlin.social/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://berlin.social/tags/markt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markt</span></a> <a href="https://berlin.social/tags/marx" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>marx</span></a> <a href="https://berlin.social/tags/karlmarx" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>karlmarx</span></a> <a href="https://berlin.social/tags/daskapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>daskapital</span></a> <a href="https://berlin.social/tags/kapitalismus" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>kapitalismus</span></a> <a href="https://berlin.social/tags/wirtschaft" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>wirtschaft</span></a></p>
Austrian<p><span class="h-card" translate="no"><a href="https://tldr.nettime.org/@remixtures" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>remixtures</span></a></span> You write: "their bosses, who want to maximize profit". The economic ignoramuses like you can't understand that <a href="https://mastodon.social/tags/profit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>profit</span></a> is the proof that the <a href="https://mastodon.social/tags/business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>business</span></a> makes people more happy (less unhappy). Under <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a>, the businessman can't make a profit, if consumers don't buy his goods or services. So you should read/listen to the real economists, i.e. <a href="https://mastodon.social/tags/Mises" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Mises</span></a> and/or <a href="https://mastodon.social/tags/Rothbard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Rothbard</span></a>, and don't repeat the nonsense of <a href="https://mastodon.social/tags/Marx" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Marx</span></a> or <a href="https://mastodon.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a>. <a href="https://mises.org/library/book/lessons-young-economist" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mises.org/library/book/lessons</span><span class="invisible">-young-economist</span></a><br><a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a></p>
My name is nobody<p>Trump tariffs in US, rearm europe war and economics, Keynes vs Hayek part II rap battle</p><p><a href="https://youtu.be/GTQnarzmTOc?feature=shared" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">youtu.be/GTQnarzmTOc?feature=s</span><span class="invisible">hared</span></a></p><p><a href="https://infosec.exchange/tags/war" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>war</span></a> <a href="https://infosec.exchange/tags/hayek" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hayek</span></a> <a href="https://infosec.exchange/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://infosec.exchange/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://infosec.exchange/tags/rearm" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rearm</span></a> <a href="https://infosec.exchange/tags/peace" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>peace</span></a> <a href="https://infosec.exchange/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a></p>
My name is nobody<p>Trump tariffs = US going keynesian? Soon bancor (or bitcoin) in replacement of dollar?<br><a href="https://en.m.wikipedia.org/wiki/John_Maynard_Keynes" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.m.wikipedia.org/wiki/John_M</span><span class="invisible">aynard_Keynes</span></a></p><p><a href="https://infosec.exchange/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://infosec.exchange/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://infosec.exchange/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a></p>
Miguel Afonso Caetano<p>"The bad news, as demonstrated by the American story, is that an age of leisure will not automatically flow from increased productivity. The good news is that political interventions can bring us closer to this vision.</p><p>“While Keynes’ predictions regarding productivity growth have actually been exceeded over the past nearly 100 years,” conclude Behringer, Gonzalez Granda, and van Treeck, “the obstacles to more leisure time are primarily socio-political in nature.”</p><p>The Scandinavian social democracies, even in their recently weakened states, offer the starkest counterexample. They are highly productive, but their workers put in six to ten fewer hours per week than their American counterparts do, a trend that holds for low and high earners alike.</p><p>Unions have proven essential in translating productivity gains into shorter working hours. American union membership has collapsed since the postwar period; Scandinavian union rates have fallen recently, but workers in the region still maintain a powerful, centralized collective bargaining system that secures shorter workweeks, generous paid leave, and predictable schedules.</p><p>The comprehensive welfare systems in these countries further reduce overwork. With universal health care, subsidized childcare, free education through university, and robust social safety nets, Scandinavians don’t face the same financial pressures that drive Americans to sacrifice their free time for a paycheck. Importantly, these welfare policies have also increased female workforce participation, reducing women’s spousal dependency and decreasing the pressure on men to work long hours to support their families.</p><p>Scandinavian societies have seen inequality expand and their welfare states erode in recent years, but these features are still significantly more pronounced than in the United States." </p><p><a href="https://jacobin.com/2025/03/work-keynes-scandinavia-class-leisure/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">jacobin.com/2025/03/work-keyne</span><span class="invisible">s-scandinavia-class-leisure/</span></a></p><p><a href="https://tldr.nettime.org/tags/Work" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Work</span></a> <a href="https://tldr.nettime.org/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Capitalism</span></a> <a href="https://tldr.nettime.org/tags/Overworked" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Overworked</span></a> <a href="https://tldr.nettime.org/tags/Productivity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Productivity</span></a> <a href="https://tldr.nettime.org/tags/ClassWarfare" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClassWarfare</span></a> <a href="https://tldr.nettime.org/tags/WageSlavery" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WageSlavery</span></a> <a href="https://tldr.nettime.org/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> <a href="https://tldr.nettime.org/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://tldr.nettime.org/tags/Scandinavia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Scandinavia</span></a></p>
Jakob Steffen<p>This is almost ludicrous - yet exactly what <a href="https://sciences.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> meant with his famous 'animal spirits': German investor sentiment skyrockets past expectations on the massive deficit spending programme to be passed by the <a href="https://sciences.social/tags/Bundestag" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bundestag</span></a> today.<br>1/<br><a href="https://tradingeconomics.com/germany/zew-economic-sentiment-index" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">tradingeconomics.com/germany/z</span><span class="invisible">ew-economic-sentiment-index</span></a></p>
Europe Says<p><a href="https://www.europesays.com/1916148/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="">europesays.com/1916148/</span><span class="invisible"></span></a> Animal shelter hopes for weekend visitors as intakes create ‘critical space situation’ – WSOC TV <a href="https://pubeurope.com/tags/Christmas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Christmas</span></a> <a href="https://pubeurope.com/tags/gaston_county" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>gaston_county</span></a> <a href="https://pubeurope.com/tags/gaston_county_animal_shelter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>gaston_county_animal_shelter</span></a> <a href="https://pubeurope.com/tags/gastonia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>gastonia</span></a> <a href="https://pubeurope.com/tags/Halloween" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Halloween</span></a> <a href="https://pubeurope.com/tags/haynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>haynes</span></a> <a href="https://pubeurope.com/tags/ken_lemon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ken_lemon</span></a> <a href="https://pubeurope.com/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://pubeurope.com/tags/local" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>local</span></a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://pubeurope.com/tags/space" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>space</span></a> <a href="https://pubeurope.com/tags/Thanksgiving" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Thanksgiving</span></a> <a href="https://pubeurope.com/tags/video" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>video</span></a></p>
Emeritus Prof Christopher May<p>Meanwhile in Germany.... after years of the 'debt brake' fiscal limits (self-imposed constitutional limits on deficit spending), it looks like the need for an expansion of defence spending &amp; Germany's infrastructure requirement, has prompted a potential reform (to be voted on this week) that allows some aspects of deficit spending to bypass the constitutional limitation.</p><p>Its like Keynsianism seems to be in the air; I wonder whether Rachel Reeves can see it yet?</p><p><a href="https://zirk.us/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Germany</span></a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> <br>h/t FT</p>
acemaxx<p><a href="https://econtwitter.net/tags/doodle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>doodle</span></a><br>(irony of fate?) <a href="https://econtwitter.net/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deficit</span></a> saves <a href="https://econtwitter.net/tags/Germany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Germany</span></a>! <br>The fiscal stimulus as “game changer” for German growth - Who would have thought? Wait, John Maynard Keynes. Yes, <a href="https://econtwitter.net/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> sends his regards.</p>
UBI4ME<p>John Maynard <a href="https://mastodon.world/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> “<a href="https://mastodon.world/tags/EconomicPossibilities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicPossibilities</span></a> for Our Grandchildren”, the truth is that, at least in a simple technological sense, the global North has largely “solved” its economic problem. Yet <a href="https://mastodon.world/tags/technology" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>technology</span></a> is, always has been, and will continue to be neutral. Even if <a href="https://mastodon.world/tags/humanity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>humanity</span></a> possesses <a href="https://mastodon.world/tags/sufficient" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>sufficient</span></a> specialized <a href="https://mastodon.world/tags/knowledge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>knowledge</span></a> to <a href="https://mastodon.world/tags/liberate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>liberate</span></a> itself, a gravely and <a href="https://mastodon.world/tags/persistently" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>persistently</span></a> <a href="https://mastodon.world/tags/unequal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>unequal</span></a> <a href="https://mastodon.world/tags/social" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>social</span></a> <a href="https://mastodon.world/tags/structure" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>structure</span></a> continues to hamper all the world’s countries</p><p>Ask for a <a href="https://mastodon.world/tags/UBI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UBI</span></a> ❤️</p><p><a href="https://www.un.org/en/un-chronicle/rethinking-universal-basic-income-economic-productivity-quality-life-and-sustainable" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">un.org/en/un-chronicle/rethink</span><span class="invisible">ing-universal-basic-income-economic-productivity-quality-life-and-sustainable</span></a></p><p><a href="https://mastodon.world/tags/UBI4ME" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UBI4ME</span></a></p>
Emeritus Prof Christopher May<p>While Military Keynsianism (MK) seems to be in the thoughts of many politicians &amp; commentators as a future path for Labour's growth plan, its worth noting that a form of organic Green Keynsianism (GK) is already under way with the UK's 'net zero economy' expanding fast, if not as fast as in the EU or China.</p><p>Of course, there's nothing to stop a Govt. doing both, and perhaps Labour should ramp up GK to complement any future MK?</p><p><a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> <a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> <a href="https://zirk.us/tags/climate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>climate</span></a> <a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> </p><p><a href="https://www.theguardian.com/environment/2025/feb/24/britain-net-zero-economy-booming-cbi-green-sector-jobs-energy-security" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/environment/20</span><span class="invisible">25/feb/24/britain-net-zero-economy-booming-cbi-green-sector-jobs-energy-security</span></a></p>
Emeritus Prof Christopher May<p>This weekend the prospect of a form of military Keynsiansim has got even more coverage/commentary than last week....</p><p>It stating to look like an idea that is about to have its time (again).</p><p>So it looks like Military Kenynsianism is coming to a Government near you.</p><p><a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> <a href="https://zirk.us/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://zirk.us/tags/InternationalRelations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InternationalRelations</span></a></p>
Scott Bennett<p>Keynes created a new paradigm for capitalism. During a time when the Bolshevik Revolution was still a recent memory, it was Keynes who took capitalism in a bold new direction to save it from oblivion.</p><p><a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a> <a href="https://mastodon.social/tags/religion" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>religion</span></a> <a href="https://mastodon.social/tags/keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keynes</span></a> <a href="https://mastodon.social/tags/eattherich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>eattherich</span></a></p><p><a href="https://open.substack.com/pub/letsmakethempay/p/lord-keynes-and-the-second-coming?r=2brusa&amp;utm_campaign=post&amp;utm_medium=web&amp;showWelcomeOnShare=false" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">open.substack.com/pub/letsmake</span><span class="invisible">thempay/p/lord-keynes-and-the-second-coming?r=2brusa&amp;utm_campaign=post&amp;utm_medium=web&amp;showWelcomeOnShare=false</span></a></p>
Emeritus Prof Christopher May<p>As the Court of Tangerine Tyrant steps away from security cooperation with Europe (via NATO &amp; other commitments), the Q. for European Govt.s looking at the current economic environment, would a form of military Keynisanism be a good idea?</p><p>Well, it might 'kill two birds with one stone' but ONLY if European states ramp up investment &amp; development of their own military supply sectors &amp; reduce their dependence on US suppliers...</p><p>And that may be a difficult sell for some Govts.</p><p><a href="https://zirk.us/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> <a href="https://zirk.us/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a></p>
Jakob Steffen<p>Looking for some brain fodder on your Sunday?<br>Here, I demonstrate the compatibility of Knut <a href="https://sciences.social/tags/Wicksell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Wicksell</span></a> and J.M. <a href="https://sciences.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a>, underlining there are two fundamentally different types of interest <a href="https://sciences.social/tags/rates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>rates</span></a>, the interaction of which is essential for macro-<a href="https://sciences.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> analysis as well as policy.</p>
Jakob Steffen<p>In the end, it isn't so much <a href="https://sciences.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> and his disciples ignoring basic economic intuition as claimed exclusively by Boettke &amp; his ilk, but rather those treating fiat money as a mere veil, stubbornly employing real goods' analysis to a nominal world. <br>/ends</p>
Jakob Steffen<p>In his view, <a href="https://sciences.social/tags/Keynes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Keynes</span></a> violated those self-evident truths provided by J.B. Say that "the slightest excess supply beyond the demand is sufficient to produce a considerable alteration in price." Only that in a credit-money economy, it sometimes doesn't.<br>2/</p>