Tag Archives: John Maynard Keynes

gray: the rational color of cash

The melting down, in the cold grey mornings of late Fall and early winter: society, religion and feeling. Ultimately one’s own sanity. Is there anywhere to run in the cover of shrinking daylight that is safe, a refuge from personal … Continue reading

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hazing rituals: carrying mother’s little helper

It was a covert operation. The woman friend was checking out the book section and faced with time to kill, he spotted a – on the christmas display- a translation of Hitler’s Mein Kampf. In a furtive gesture, the figure … Continue reading

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the poor don’t need your pity

…But John Galsworthy’s concern with the suffering of others was occasioned more by the pain knowledge of it gave him than by the pain experience of it gave them: It was the sensitive liberal’s position in succinct form.But once awakened … Continue reading

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spilling the magic beans

Double dip or double down? A double double? The question is whether we are simply procrastinating on realizing that technology is essentially deflationary and we are accumulating a waiting list of unemployment. President Obama’s dinner with Silicon Valley high tech … Continue reading

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the ceiling is leaking

There used to be an old joke in Europe that America had Bob Hope, Percy Faith and Johnny Cash, and Country X had no faith, no hope and no cash. Well things have changed a bit… This sorry media-hyped drama … Continue reading

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WEIMAR: “CREOLE LOVE CALL” on the Rhine

Everyone loves to throw around the Weimar metaphor, from pundit Glenn Beck to America’s anarchist in residence Noam Chomsky, and a contingent of microphone friendly  snake oil salesmen in between…Crazy or sane, left or right, the analogies of fear mongering … Continue reading

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INSTANT GRATIFICATION:Mysterious Strangers of the New Dispensation

“Words ought to be a little wild for they are the assaults of thought on the unthinking.” ( J.M. Keynes ) An aristocratic disdain permeated the Bloomsbury group. A contempt for the masses as well as the bourgeois. They were … Continue reading

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WATER SPIDERS: Quantitative and Social Easing

This aspect of Keynes — the shrewd investor, the canny player of financial markets — is rather unexpected in light of the man ’ s early life and beliefs. Keynes was an aesthete, his first allegiance to philosophy and the art of … Continue reading

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CHOKING ON CAKE: BROTHER CAN YOU SPARE A DIME?

“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” ( Keynes, 1935)  And thus it began with adherence to Keynes’s central theme: the modern capitalist economy does not … Continue reading

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GEOMETRY OF LOVE: The Square Root of Living in Fractions

“Virginia and Vanessa, despite their occasional differences, had an unbreakable bond of love and support. Hermione Lee expounds at length about their dysfunctional childhood which undoubtedly acted as an indissolvable glue in their relationship. But as for the rest of … Continue reading

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