Tag Archives: John Maynard Keynes

John Maynard who? (part 2)

… con’t. The Philippine government tried to copy the same cheap money scenario but the local game was played very differently. The government pegged the interest rate very low, yet the bank’s borrowing rates were still stiff and did not … Continue reading

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John Maynard who? (part 1)

John Maynard Keynes: 20th century economist and father of the ‘Keynesian’ Theory. What the heck is Keynesian Economics? Simply put, “it is a macroeconomic theory that argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and therefore advocates … Continue reading

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