Tag: Keynes

President of the Economic Psychic Friends Network and the father of macroeconomics, John Maynard Keynes, explains to the Masters of the Eurozone why they are doomed. It was at Bretton Woods that Keynes identified one of the key problems at the heart of international economics – that imbalances in trade…

A couple of good reads this morning: 1. Deficit Hawk says we need to SPEND: Bill Gross is the manager director of PIMCO, which makes him one of the most important bond traders in the world, if not the most important. And so his exit from the Treasury market a…