Essays about: "John Maynard Keynes"
Showing result 1 - 5 of 6 essays containing the words John Maynard Keynes.
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1. Back to a General Theory - An Essay in Persuasion
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Many Western countries experience failing monetary policy after the 2008 financial crisis. The lack of alternatives to established rules, even when they appear to fail, motivates a close look at the economic ideas John Maynard Keynes developed in his crisis-ridden lifetime, to answer the question: What can Keynes' writings contribute to the contemporary macroeconomic discussion? We trace from the publication of the General Theory (1936) until our time how macroeconomics has narrowed down into theoretical consensus, elevating policy recommendations developed in moderate times to an exclusive status of optimality. READ MORE
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2. Setting the Pace of Capitalism - A Post-Keynesian Perspective on Interest and Profits as a Monetary Phenomenon
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : Financial markets turn all their attention towards the Federal Reserve Bank and the European Central Bank whenever there are the slightest rumors of a change in the policy rate of interest. But why is this rate so important and what is the theoretical basis of its existence in the first place? In modern economic literature theories of interest are rarely explicitly touched upon and interest is often simply taken for granted in most textbooks. READ MORE
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3. From Anarchy to Central Bank Policy: Silvio Gesell, Negative Interest Rates and Post-Crisis Monetary Policy
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : The dawn of negative interest rates has drawn much attention to the German economist and libertarian socialist Silvio Gesell (1862-1930) who proposed the measure in the early 20th century. Although the attention has led to countless mentions in economic journal articles and speeches conducted by central bankers, often, no further effort is made of going deeper into his work. READ MORE
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4. The role of "artificially" low interest rates through credit expansion - The road to prosperity or another recession?
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : Current macroeconomic doctrine holds that the aim of monetary policy should be a steady inflation rate aligned with expectations. Consequently, central banks have declared remarkably low interest rates after the financial crisis in 2008 and pursue vast monetary expansion in their battle against slumbering economic activity. READ MORE
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5. Investment advice during inflationary periods with high asset price inflation : Preserve value and realize best return by investing in the right asset classes during periods of uncontrolled inflation and economical instability.
University essay from Blekinge Tekniska Högskola/Sektionen för managementAbstract : For the past few years, the world has gone through a global financial crisis, and is still on a quite unstable road to a sustainable economic future. While the governments are trying to cope with a stable inflation rate, investors grow weary and are looking more into precious metals. READ MORE
