John Maynard Keynes News
14.05 / 09:15
markets
Universities
War
country
Updates
Eichengreen: Gold stack-ups by central banks reflect dismal prospects of globalization
Subscribe to enjoy similar stories.Gold may be a “barbarous relic,” as John Maynard Keynes once observed, but it remains the relic of choice among central banks. Emerging-market central banks have been loading up on gold reserves ever since the 2008 global financial crisis, more than doubling their holdings. Does the anomalous behaviour of gold prices since the outbreak of the war with Iran call this strategy into question, or is something else going on?Gold’s allure derives from its reputation as a safe haven and inflation hedge.
12.03 / 09:37
markets
Digital
Mobile
Marvell
country
information
Updates
India’s e-commerce boom has a dark side that’s proving hard to police: Digital deception at scale
Digital commerce in India has become a theatre of quiet deception. Sellers cheat by design, and in the rush of a 10-minute grocery delivery, hundreds of millions of consumers rarely notice they are being fleeced.In 1919, John Maynard Keynes marvelled at the Londoner who could order by phone “various products of the whole earth” from his bed while sipping his morning tea. A century later, India has democratized this convenience through cheap smartphones and a national system of instant mobile payments, overtaking the US to emerge as the second-largest e-retail market after China by number of shoppers.Yet, this innovation is being hijacked by ‘dark patterns’—design elements that trick users into overpaying or paying for things they never wanted.
12.03 / 07:05
markets
UPS
security
Election
BlackRock
Rahul Jacob: Global alliances have changed and so have German policies
Subscribe to enjoy similar stories. Whether John Maynard Keynes said, “When the facts change, I change my mind" is often disputed, but the witticism has never seemed more apt. German chancellor-to-be Friedrich Merz, long a fiscal hawk as the leader of Germany’s centre-right Christian Democratic Union (CDU), recently made an about-turn on the virtues of higher deficit spending after being briefed on the country’s dwindling growth prospects and witnessing geopolitical gyrations in the US, which seems keen to patch up with Russia, potentially leaving its European allies in the lurch.
14.01 / 18:11
22.09 / 13:51
markets
UPS
Booking
Fighting
Apple
Cycling
rights
When facts change, I change my mind: Aswath Damodaran on Zomato valuation
Subscribe to enjoy similar stories. Mumbai: Known as the ‘Dean of Valuation’, Aswath Damodaran, professor of finance at the Stern School of Business at New York University, is out with a new book, The Corporate Life Cycle. Companies have a life cycle very much like humans—they are born, witness growth spurts, mature and then inevitably decline.
10.05 / 21:19
markets
UPS
Research
Trade
Universities
2020
Quant King Jim Simons passes away at 86
Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86.
05.12 / 09:12
Target
Reuters
Fighting
Remark
President
voice
ECB hawk Schnabel scraps more rate hikes after 'remarkable' inflation drop
FRANKFURT (Reuters) — The European Central Bank can take further interest rate hikes off the table given a «remarkable» fall in inflation and policymakers should not guide for rates to remain steady through mid-2024, ECB board member Isabel Schnabel told Reuters.
27.07 / 16:17
Crypto Presale
crypto startup
Best Meme Coin
Utility
Web3 Utility Coin LPX Secures $1.2 Million for Trading Alpha – Can it Find the Next Pepe Coin?
When it comes to crypto investments, the hope is obviously always that a coin's price will increase over time. This hope, particularly prevalent for meme coins, comes from an economic principle known as the "Castle in the Air Theory". The theory, introduced by economist John Maynard Keynes, suggests that investors build hypothetical scenarios for potential price increases rather than focusing on intrinsic values.
11.07 / 16:07
COST
Provident
Target
Maxim
Williams
Political business cycles can’t simply be wished away
It is impossible to consider the ordinary course of affairs in the United States without perceiving that the desire to be re-elected is the chief aim of the President... and that especially as [this election] approaches, his personal interest takes the place of his interest in the public good," observed Alexis de Tocqueville in his classic Democracy in America.
15.12 / 15:37
Target
Why Inflation Took Off in 2022—and What Happens Next
In 2022, the Federal Reserve made history, almost surely launching hundreds of academic papers, dissertations and tell-all tomes to occupy interest for years to come. For most central bankers, attention is the worst of outcomes. Rather, most believe their ambition should be to follow John Maynard Keynes’s advice and “manage to get themselves thought of as humble, competent people, on the level with dentists.”
05.12 / 16:07
Enterprise
2020
The Fed is repeating its mistake of 2020, in a whole new way
Desmond Lachman is a senior fellow at the American Enterprise Institute. He was a deputy director in the International Monetary Fund’s policy development and review department and the chief emerging market economic strategist at Salomon Smith Barney
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