Words similar to keynes
Example sentences for: keynes
How can you use “keynes” in a sentence? Here are some example sentences to help you improve your vocabulary:
Keynes therefore understood perfectly well that a low interest-rate policy requires an accommodating central bank.
Well, let Keynes have the last word: "It is a grave criticism of our way of managing our economic affairs, that this should seem to anyone like a reasonable proposal."
(Although it is doubtful whether Greider is aware of the source of his ideas--as Keynes wrote, "Practical men, who believe themselves quite exempt from any intellectual influence, are usually the slaves of some defunct economist."
He writes that Keynes held a "liquidity preference" theory of the interest rate, according to which, in Krugman's version, markets for money and bonds determined the interest rate, with monetary policy playing no visible role.
And anyone with an interest in the history of economic thought will find the tale of how Keynes gradually, painfully arrived at his ideas--and of how his emerging vision clashed with rival schools of thought--fascinating.
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