How to pronounce “keynes” in English

Keynesianism from 1946 up until the late 70s was basically the idea that we had.

So Keynes was right about the direction.

So Keynes is trained in the neoclassical tradition.

And Keynes was the great champ.

So Keynes wrote this essay in 1930 about how his grandchildren would struggle to fill their lives after the 15-hour work week was

So Keynes once said, John Maynard Keynes once said, that it doesn't matter what risks you take as a bank, provided all the other banks

When Keynes predicted the economic utopia that he imagined, he argued that there was only one real obstacle to achieving that,

So Keynesianism unfolds, I can say more about that, but it basically leads to more active federal government participation

- And Keynesian is very model-heavy, more intervention of government.

The Keynesian revolution stopped that.

The Keynesians were dethroned, and we started looking at the economy again in a different way.

neo-Keynesian uh economists. And uh he rescued

I think of Keynes' great article during the Depression when he looks out the economic lives of our grandchildren.

So the whole Keynesian revolution, John Maynard Keynes who basically taught governments worldwide that you need a countercyclical government, not procyclical government.

I opened Keynes.

John Maynard Keynes in one of his great masterworks wrote very famously "The ideas of economists and political philosophers, both when they are right

And the resolution to Keynes's paradox today is that Keynes dramatically underestimated how much people would want-- that people's desires were elastic,

John Maynard Keynes was a great behavioral economist.

John Maynard Keynes.

But as John Maynard Keynes said, in the long term, you're dead.

named John Maynard Keynes.

John Maynard Keynes, who really was a more conventional economist who was just willing to have different ideas.

What's Keynesian economics? And the Chicago School of Economics, I guess, is a branch of neoclassical that's a little bit more empirical

the previous Keynesian orthodoxy.

And that Keynesian became the dominant economics in the world, for most of the period roughly the 1940s to the 1970s.

And the Keynesians, who said, no, no, there's something to worry about.

You have Keynesian policies.

Stock market's not Keynesian or monetarist or anything else.

record without explicit Keynesian pump priming. In fact, the renowned economist

We are all Keynesians now.

So this is a Keynesian bastard, what we're doing today.

And so Keynesianism sort of went into quiescence.

was a standard Keynesian remedy.

They've applied classic Keynesian methods. They were worried about a recession.

So let's first go to Keynes and see if we can be actually -- because okay here.

So that's why I think Keynes got some negative press is that he was accused of allowing budget deficits,

So we really took half of Keynes and bastardized him with sweet-tooth political populism.

So that's just the comment on Keynes.

And I can understand the debate between Keynes and Hayek and all the rest, even if they do watch rap videos.

It could well be that Keynes would look at us now and say, "Take it easy, chaps."

sort of inadvertently by the rise of Keynesian economics.

a spender it's you know very Keynesian in that way that with with low interest rates you're willing to spend a little

This one goes to the Keynesians.

On the other side doctrinaire Keynesian economics is also often akin to a religion and can be

Our economic policy I describe as a Keynesian bastard because half of it government can run deficits, we took, can we multiplied it by

The government -- I am a Keynesian at heart. You know, I believe that the government should prime the pump when necessary. The government has many more levers to deal

I mean, John Maynard Keynes was talking about it in 1930.

And that's a quote by John Maynard Keynes.

macroeconomist, start by reading Keynes.