Seventy years ago, John Maynard Keynes pointed out its fallacy.

He is not alone John Maynard Keynes predicted this possibility 85 years ago.

From the start, the economist John Maynard Keynes had been a fierce critic of the reparations policy imposed on Germany.

John Maynard Keynes argued that monetary policy was ineffective during the Great Depression.

But, as John Maynard Keynes famously put it, in the long run we are all dead.

The world economy, as John Maynard Keynes put it 75 years ago, is developing magneto trouble.

As John Maynard Keynes recognized, trade restrictions can protect or generate employment during economic recessions.

When John Maynard Keynes went to see President Roosevelt in the depths of the Depression, he advised toning down the administration s anti business rhetoric.

As John Maynard Keynes put it, there is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

Almost a century ago, at World War I s end, John Maynard Keynes offered a warning that holds great relevance today.

Indeed, it was this dynamic against which John Maynard Keynes fought that made the Great Depression of the 1930 s so grim.

As the great British economist John Maynard Keynes warned seventy five years ago, markets can remain irrational longer than you can remain solvent.

But if the fluctuations can be ironed out, as John Maynard Keynes put it, total economic efficiency can be improved.

John Maynard Keynes wrote that practical men who believe themselves to be quite immune from intellectual influences are usually the slaves of some defunct economist.

Referring to capital controls, John Maynard Keynes famously said what used to be heresy restrictions on capital flows is now endorsed as orthodoxy.

John Maynard Keynes prophesied in the 1920 s that as countries grew wealthier, people s preoccupation with money and possessions would diminish.

(Krugman s position is sometimes called Keynesianism, but John Maynard Keynes knew much better than Krugman that we should not depend on mechanistic demand multipliers to set the unemployment rate.)

LONDON John Maynard Keynes famously wrote that the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than commonly understood.

Harry Dexter White and John Maynard Keynes, the architects of the Bretton Woods system, did not contemplate a regime whose main purpose was to maximize the international flow of goods and capital.

In 1919, John Maynard Keynes told the statesmen of post World War I Europe to abandon their vindictive patriotism for the sake of building a future of peace based on European integration.

True, great thinkers like John Maynard Keynes and the late Nobel laureate James Tobin floated various ideas for taxing financial transactions as a way to reduce economic volatility.

As far as I can find, almost no one in the profession not even luminaries like John Maynard Keynes, Friedrich Hayek, or Irving Fisher made public statements anticipating the Great Depression.

The better analogy is from the 1930 s in 1933, the year in which Hitler came to power, the world s most famous economist, John Maynard Keynes, produced a plea for national self sufficiency.

Seventy three years ago, John Maynard Keynes thought about the reform and regulation of financial markets from the perspective of the first three purposes and found himself moved toward... mak ing the purchase of an investment permanent and indissoluble, like marriage...