Hints and tips:
...“It’s a very different angle from international investors, who are still looking at this as a market with too many unknowns.”...
...Whether he actually said it or not, John Maynard Keynes’s airy line, “When the facts change, I change my mind”, is too stifling. People’s views can evolve even where the facts do not....
...Among them were a few writers (George Johnston, Charmian Clift, almost forgotten now), and a young, unknown poet and singer named Leonard Cohen, who met his muse Marianne Ihlen there....
...One biographer, Maynard Solomon, put him on the Freudian couch....
...He compares the energy-intensive “mining” process to create them to John Maynard Keynes’ tongue-in-cheek proposal to slow the dispersal of money by placing notes in bottles and burying them in mines....
...To please John Maynard Keynes, two sets of solutions are commonly suggested. First, governments with fiscal room for manoeuvre should use it....
...John Maynard Keynes himself would probably characterise its average proponent as “a defunct economist”. The theory asserts three key points....
...John Maynard Keynes approvingly cited the idea…” Ummm… Greg… You make it sound as though Keynes noted it in an obscure footnote somewhere....
...In preparation for writing, he read Maynard Keynes’s 1919 The Economic Consequences of the Peace. “He said there would be a war in 20 years’ time and there was! That was in my mind....
...Unknown This file risk is not known....
...The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, by Benn Steil, Princeton, RRP£19.95/$29.95 Steil’s book is an object lesson in how to make economic...
...Which types of human work these advances might make more productive – or replace – are still unknown....
...Joyce Maynard, Salinger’s much-younger lover, wrote a memoir, At Home in the World, that made him seem cranky and suffocating....
...In 1972, he took up with Joyce Maynard, then 18 and in her first year at Yale, later an author herself and journalist on the New York Times....
...The unknown today seems more than usually unknown. Then my whole point remains the same. The long run is an impenetrable mystery. It always has been....
...The thoughts of some have turned to John Maynard Keynes. His insights into uncertainty and speculation were deep....
...The idea of a generalised debt cancellation is not wholly unknown in modern times....
...The writer is a risk consultant and author of Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives...
...The distinction between known and unknown unknowns aptly expresses the distinction between risk and uncertainty: a distinction emphasised almost a century ago by Frank Knight and John Maynard Keynes and...
...That was perhaps the most important point John Maynard Keynes made....
...When a reporter asked John Maynard Keynes whether there was anything in his life he regretted, he replied: “Not having drunk enough champagne.”...
...With an astonishing record for spotting young or unknown talent, he bought low, sat on his stock and sold high when fashion caught up with his intuition....
...In time, foreign investors may decide that such cross border investing entails ”unknown unknowns” and seek other investments....
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