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KEYNESIAN ECONOMIC THEORIES
Quote of the day by American Economist Milton Friedman: ‘If you put the federal government in charge of the Sahara Desert, in 5 years…’ Witty take on inefficiency, corruption, and control as world faces oil and gas crisisQuote of the day: The “Sahara Desert” quote continues to resonate because it combines humor with sharp criticism. It may make people laugh,...- Wealth quote of the day by Paul Samuelson: “Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 .....” How Samuelson proved that a “boring” strategy winsWealth quote of the day by Paul Samuelson: “Investing should be more like watching paint dry or watching grass grow. If you want excitement...
- Wealth Quote of the Day by John Maynard Keynes: “The importance of money flows from ......” How Keynes challenged classical theory and created modern economics?Wealth Quote of the Day by John Maynard Keynes: “The importance of money flows from it being a link between the present and the future.” Mo...
- Who is Kamala Harris' father Donald Harris who Trump accused of being a Marxist in the debateIn a debate, the former president Donald Trump charged Vice President Kamala Harris with Marxist views, drawing a connection between her an...
- Do lower rates hurt savers? Not quite, says RBI researchEconomic models suggest that loss of interest income is made up by a rise in demand and wages, as per views put forth at MPC meeting.
- Fixed deposit returns may not rise in near futureEconomists are embracing models that suggest that only some savers lose out but a chunk of them gain through higher economic activity. RBI ...
- Infrastructure spending can help spur economic activity: KPMGThe Rs 111 lakh crore National Infrastructure Pipeline (NIP) built on Infrastructure Vision 2025 should provide a timely stimulus to the ec...
- Purpose+profit: Capitalism is getting a makeoverOrganisations are talking about a triple bottomline — financial, social and environmental results.
- Economists don't actually know how the Fed affects jobsFed talks of ongoing rate hikes. Will a tighter monetary policy choke off a labor market recovery? Probably not.
- World Bank's chief economist Romer says macroeconomics in troubleRomer agrees that economic models don't dictate to the top Fed policy makers; but he thinks they still wield undue influence, especially am...
- Why we need to talk about moneyFrom financial education to social transparency to personal psychology—money talk helps.
- State-Led InvestmentA confident govt recognises that biz sector might “talk” about tax but “walks” to where new technological & mkt opportunities are — and tha...
- Economic Survey 2012: How Kaushik Basu jazzed up the surveyThe Economic Survey has never been on the must-grab list of design aficionados, although Chief Economic Adviser Kaushik Basu has taken baby...
- Think inflation targeting, put rumours to rest: Kaushik BasuIn a recent paper presented at the Indian Statistical Institute, chief economic advisor to the government Kaushik Basu has deliberated on t...
- Goldman model evokes ancient Egypt's blood-sucking leechesEconomists have been debating the pros and cons of fiscal stimulus since the 1930s, when John Maynard Keynes diagnosed the problem as one o...
- No need for haste in withdrawal of stimulus, says MontekPlanning Commission Deputy Chairman Montek Singh Ahluwalia has said that the decision to unwind the stimulus measures of the past year woul...
- How long will the meltdown last?Substituting the dollar with an international currency is likely to transform the global eco architecture, the way the fall of the Berlin W...
- Don't bank on tax cuts: Nobel laureate PhelpsBut economics is not evidence-based in selecting its theoretical paradigms. Economic policy initiatives are often taken without all the emp...
- Why Prescott, Kydland won the NobelThe duo has been awarded for their research work on economic policy making and business cycles.
- Understanding KeynesianismKeynesianism is a catchall phrase for economics that is supposed to reflect the ideas of John Maynard Keynes (pronounced to rhyme with 'rai...
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