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Keynes and the Ethics of Socialism
This paper examines John Maynard Keynes’s ethical theory and how it relates to his politico-economic thought. Keynes’s ethical theory represents an attack on all general rules. Since capitalism is aExpand
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The Marginal Efficiency of Capital
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Keynes and the First World War
Capital budgeting and business cycles
Keynes and Plato
The central thesis of this article is that Plato’s philosophy is the foundation of Keynesian economics. First, Plato’s philosophy and his socialism are discussed and it is shown that Keynes was aExpand
A CRITIQUE OF THE LAFFER CURVE
In December 1974, the economist Art Laffer had dinner at a Washington D.C. restaurant with Jude Wanniski, Donald Rumsfeld, and Dick Cheney. The tax rate was so high in the United States, LafferExpand
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