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#keynes — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #keynes, aggregated by home.social.

  1. on a different note 🎶💵 ...

    "that was just the proposal put up at the 1944 conference...
    There was another plan that didn't get up, put by JM (Lord) Keynes an economist rather than a politician, which would not have had the US as the predominant global financial power and would have led to an entirely different rule-based #worldorder.

    #Keynes's idea was known as "#Bancor", named after the new currency that he proposed. It wouldn't be a unit of money that people could carry in their wallets or, these days, tap with their phones, but a "unit of account" that would be used for transactions between governments and central banks. Its value would be fixed to gold, but adjustable, and all other national #currencies would be pegged to it."

    edit "There have already been a few attempts at doing something like what Keynes proposed.

    The IMF has an existing reserve asset called the SDR (special drawing rights) and in 2009, the governor of the People's Bank of China called for the SDR to be transformed into a "super-sovereign reserve currency" modelled on Keynes's Bancor to replace the US dollar.

    That was opposed by the US and didn't get up, and China didn't have the clout then that it has now."

    abc.net.au/news/2026-01-26/tru /106260832

    PS: i just broke the link to remove his ugly face... just take out the nbsp/

  2. Starting with a quote from Keynes: "Anything we can actually do, we can afford".

    "Why money isn’t our limit — but political courage is"

    youtube.com/watch?v=8LyKv8veLCc

    #keynes #friedman #economy #inequality #neoliberalism #video

  3. #Liberalism, whatever you think of it, has shaped the Western world and is under attack right now. The #Economist has well-written a #History of liberalism. Worthwhile reading…

    𝗟𝗶𝗯𝗲𝗿𝗮𝗹𝗶𝘀𝗺: 𝗔 𝗯𝗿𝗶𝗲𝗳 𝗵𝗶𝘀𝘁𝗼𝗿𝘆

    From #Locke and the “social contract” to #Rawls and the “veil of ignorance”, here are the people, ideas and world-shaking events that made liberalism what it is, and isn't, today

    economist.com/interactive/prim via #TheEconomist

    #Keynes #Hayek #Popper #Schumpeter #Ahrend #Rousseau #Marx #Nietzsche

  4. A quotation from Keynes

    At any rate to me it seems clearer every day that the moral problem of our age is concerned with the love of money, with the habitual appeal to the money motive in nine-tenths of the activities of life, with the universal striving after individual economic security as the prime object of endeavour, with the social approbation of money as the measure of constructive success, and with the social appeal to the hoarding instinct as the foundation of the necessary provision for the family and for the future.

    John Maynard Keynes (1883-1946) English economist
    Essays in Persuasion, Part 4 “Politics,” ch. 1, sec. 2 (1931)

    More info about this quote: wist.info/keynes-john-maynard/…

    #quote #quotes #quotation #qotd #keynes #johnmaynardkeynes #avarice #economicsecurity #greed #hoarding #immorality #money #profit #wealth #success

  5. John Maynard #Keynes#EconomicPossibilities for Our Grandchildren”, the truth is that, at least in a simple technological sense, the global North has largely “solved” its economic problem. Yet #technology is, always has been, and will continue to be neutral. Even if #humanity possesses #sufficient specialized #knowledge to #liberate itself, a gravely and #persistently #unequal #social #structure continues to hamper all the world’s countries

    Ask for a #UBI ❤️

    un.org/en/un-chronicle/rethink

    #UBI4ME

  6. John Maynard #keynes a prominent economist, predicted in 1930 that by the year 2030, people would only need to work 15 hours a #week due to increased productivity and technological advancements. However, this prediction has not materialized, and the average workweek in many developed countries remains significantly longer. Keynes' forecast was based on the assumption that technological progress would lead to increased productivity,

    diepresse.com/1572380/die-15-s

    Die Grauen #maenner stehlen #Zeit

  7. Pensiero e umanità.

    rizomatica.noblogs.org/2023/04

    L'opera di Giovanni Mazzetti rivela gli elementi comuni delle analisi economiche di Marx e di Keynes, entrambe basate sulla produttività e, al tempo stesso, riprende il paradigma del materialismo storico, ne ridefinisce con precisione i contorni evidenziando l

    #Economia #Politica #antropologia #bisogni #capitalismo #comunismo #economia #keynes #lavoro #Marx #materialismo #mazzetti