NewsBot
22-Aug-23, 21:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Interest Rates - The Case For Cutting Them Permanently To Zero
https://caithness-business.co.uk/image_cache/na21072_tn.jpg
In 1937 the English economist Joan Robinson proposed that "when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear". John Maynard Keynes, who had taught Robinson, suggested something similar a year earlier in slightly more qualified and technical terms, arguing that this would be "the most sensible way of gradually getting rid of many of the objectionable features of capitalism". [Read Full Article (https://caithness-business.co.uk/article/21072)]
Interest Rates - The Case For Cutting Them Permanently To Zero
https://caithness-business.co.uk/image_cache/na21072_tn.jpg
In 1937 the English economist Joan Robinson proposed that "when capitalism is rightly understood, the rate of interest will be set at zero and the major evils of capitalism will disappear". John Maynard Keynes, who had taught Robinson, suggested something similar a year earlier in slightly more qualified and technical terms, arguing that this would be "the most sensible way of gradually getting rid of many of the objectionable features of capitalism". [Read Full Article (https://caithness-business.co.uk/article/21072)]