“Those were the days.” Everyone has heard it, and most have said it. But were they? Particularly in the largely free parts of the world, today invariably exceeds yesterday. Looking back to 100 years a...
Tag: John Maynard Keynes
The Boundless Fatuity Informing the Simple-Minded Word ‘Recession’
In his brilliant 2014 book Creativity, Inc., Pixar founder Ed Catmull observed that “people need to be wrong as fast as they can.” In ten words Catmull exposed the mind-numbing stupidity of “recession...
Ghost Of John Maynard Keynes Haunts Japan’s Economy
Japan’s Prime Minister Fumio Kishida gestures as he speaks during a news conference at the prime … [+] minister’s official residence in Tokyo on October 4, 2021. TORU HANAI/POOL/AFP ...