Tag Archives: John Maynard Keynes

John Maynard Keynes or Friedrich Hayek

Posted on August 30, 2011 by Randell Tiongson

For decades, two opposing theories of economics have been causing heated debates — those of John Maynard Keynes and of Friedrich Hayek. For many years, it seems that John Maynard Keynes was more influential to economic managers. Keynes was big … Continue reading →

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John Maynard who? (part 2)

Posted on January 4, 2010 by Randell Tiongson

… 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)

Posted on December 31, 2009 by Randell Tiongson

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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Posted in Economy | Tagged , , , , , | 2 Comments