Keynes Archives

Keynes Quote On Currency Debasement

February 3, 2018January 26, 2011 by Ted Kavadas

As those familiar with this blog know, I am very concerned about the vulnerability of the U.S. Dollar to a substantial decline. I have written extensively about this situation. I think the following quote on the subject of currency debasement is particularly noteworthy. It is from John Maynard Keynes, from his book Economic Consequences of …

Keynesian Theory – A Few Comments

March 18, 2010February 25, 2010 by Ted Kavadas

Up to this point, I have yet to mention “Keynes” or any derivative thereof. The reason for this is simple – I don’t believe that the efforts taken to stimulate the economy are reflective of the theories that Keynes espoused. Instead, they are a type of “bastardized” Keynesian Theory – used by various parties in …