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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
Posted in Economy
Tagged economics, Economy, financial planning, John Maynard Keynes, randell tiongson
3 Comments
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
Posted in Economy
Tagged Economy, financial planning, Government Control, John Maynard Keynes, Keynesian Theory, randell tiongson
2 Comments