Keynes: Vague and Jejune Meditations

Originally posted on Tuesday, July 16th, 2013 What were what Keynes called the “vague and jejune meditations” of Churchill’s advisors from the “imaginary academic world?” Courtesy of Wikipedia What persuaded Churchill to undertake the catastrophic blunder, in 1925, of...

Keynes Got This Right

Originally posted on Thursday, July 11th, 2013 Lord Keynes, wrote, in 1925, “The Economic Consequences of Mr. Churchill” — a trenchant critique of Churchill’s 1925 resumption of the gold standard at pre-war parities (around 10% above prevailing price levels). Image...

George Gilder on the Gold Standard

Originally posted on Tuesday, July 9th, 2013 George Gilder, the living author most quoted by President Reagan, has published a new and amazing work, Knowledge and Power: the Information Theory of Capitalism and How It Is Revolutionizing our World. Gilder, author of...