J. M. Keynes’s research while affiliated with Cambridge College and other places

... Contudo, o economista John Maynard Keynes (1930) Considerando a hipótese de que um determinado agente econômico realize a compra de um Bitcoin através de uma corretora, este adquirirá a propriedade efetiva da criptomoeda, podendo mantê-la custodiada na própria corretora ou transferi-la para uma wallet (carteira digital de criptomoedas) sob seu controle exclusivo (Antonopoulos, 2016). ...

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O IBS E A REFORMA TRIBUTÁRIA: UMA ANÁLISE DO IMPOSTO ÚNICO FRENTE ÀS OPERAÇÕES ENVOLVENDO O BITCOIN

... The government claimed that demonetization will end cross-border terrorism from Pakistan (Modi, 2016) and will hugely benefit the economy in the long run. But the former Prime Minister of India and economist Dr. Singh said that demonetization would cost India's economy a loss of approximately 1-2% of the GDP (Agarwala, 2017) and went on to quote J.M. Keynes that "in the long run we all are dead" (Keynes, 1924) while opposing Niti Ayog Chairman A. Panagariya's defensive claim that demonetization will help a country's economy in the long run (Economic Times, 2016). It did fall by 2% two years later, which was found in a US-based study by IMF Chief Gita Gopinath and her colleagues (Chodorow-Reich, Gopinath, Mishra and Narayanan, 2019). ...

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Divisive politics and economic development

... The concept "resilience" was originally formulated by Skyrms (1977Skyrms ( , 1980. The motivation for introducing it goes back to Peirce (1931) and Keynes (1921), both of whom complain that a single probabilistic measure does not reflect evidential strength and so propose to add a second, wholly distinct value to credal states. Skyrms points out that the conditional probabilities already included in the Bayesian probability distribution could do the work. ...

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The Practical Import of Higher-Order Defeat: Resilience vs. Imprecise Credences

... En fait ce qu'on exclut, c'est la possibilité d'une substitution entre monnaie et marchandise, donc l'idée même qu'une variation de la quantité de monnaie affecte la demande excédentaire de biens. Keynes (1973Keynes ( [1939 : xxxv) soutient, dans la préface qu'il rédigea pour l'édition française de la Théorie Générale, qu'une théorie qui repose sur la loi des débouchés « est clairement incapable de s'attaquer aux problèmes du chômage et du cycle des affaires ». Pourtant Say, s'il n'a pas élaboré une théorie du cycle, a cherché à rendre compte des crises qu'il observait. ...

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Jean-Baptiste Say et la question des débouchés

... Modern technology undoubtedly contributes to faster economic growth (Keynes J.M., 2009;Keynes J.M., 2013;Schwab K., 2016); increased productivity and global competitiveness (Avdeeva I.L., et al., 2019); increased competition in the digital sector, e-commerce and online business, as well as increased opportunities to increase added value; increased the welfare and quality of life of the population; reduced of public spending on the social sphere through the spread of telemedicine, online education (Odegov Yu.G., et al., 2018: 61). At the same time, along with the positive characteristics, scientists note the negative impact of digitalization. ...

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Smart Education: Social Risks and Challenges

... […] szczęście gospodarcze będzie zależało od czterech czynników: naszej umiejętności kontrolowania liczebności populacji, naszej determinacji do unikania wojen i sporów społecznych, naszej chęci powierzenia nauce kierunku tych spraw, które są właściwie przedmiotem troski nauki oraz tempa akumulacji określanego przez różnicę między naszą produkcją a konsumpcją" [Keynes, 1963]. ...

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Czy za pieniądze można kupić szczęście? – Konsumpcjonizm jako przyczyna kryzysów

... Another aspect of the neoliberal political regime in India since 1991 is the introduction of mass income deflationary policies, or what Keynes (1971a) called "profit inflation" (a term coined by Keynes in 1930 and used extensively in his later writings to describe the financing of wartime expenditure by reducing mass consumption), which have undermined the pursuit of distributive justice. 9 In its essence, neoliberalism in India was not a project of economic growth but a redistribution of means of production and wealth in favor of corporate and financial elites. ...

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The Economic Consequences of Authoritarian Neoliberalism in India

... The controversy between John M. Keynes and Jan Tinbergen on the role of the econometric method to test economic theory continues to be of utmost importance for understanding not only the historical evolution of econometrics, but also some of the fundamental methodological discussions in economics. 1 Even after Keynes's (1939) explicit recognition of the rigorous and pioneering nature of Tinbergen's work, Statistical Testing of Business-Cycle Theories, a general impression remained among economists and historians of economics, suggesting that his critique was not only ruthlessly destructive but also uninformed (Morgan, 1990). And so, the relevance of Keynes's claims is attenuated, and his critique is sometimes dismissed as one in which "Dear Old Maynard," overwhelmed by the mathematical and statistical sophistication of the new approaches, would just be grumping about the methods of the younger economists. ...

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Reconciling Keynes and Tinbergen?¿Reconciliando a Keynes y Tinbergen?: Klein and His View on Econometrics as a Practical Tool for Policy FormulationKlein y su visión de la econometría como una herramienta práctica para la formulación de política

... Apesar de não ser tão evidente a utilização por parte do autor da TCC em seus primeiros anos como especulador na bolsa (temporalmente definidos entre 1910 a 1930) 5 , foi possível identificar alguns elementos dentro de seu debate com Robertson, que indicam a observância dos mesmos pressupostos que constituem a TCC em sua atuação como investidor nos mercados de commodities. Keynes, para analisar e definir o comportamento do ciclo de crédito, atinha-se a: i) um conjunto de informações de companhias, bancos e seguradoras e; ii) dos movimentos das taxas de juros, dos níveis de preços e o otimismo especulativo dos investidores durante as altas e baixas dos ciclos de negócios (Keynes, 1978a(Keynes, , 1978c. ...

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Estratégias de investimento de Keynes para especulação nos mercados financeiros até 1930 - apontamentos para uma teoria dos ciclos de crédito

... We separate all economic transactions into GDP-relevant transactions (e.g., paying wages) and transactions that do not affect GDP (e.g., purchasing an existing house). It should be recalled that already Keynes (1978) distinguished between an industrial and purely financial circuit and that Schumpeter (1954) separated productive from speculative finance. More recently, Bezemer (2014), Bofinger et al. (2021) and Werner (1997) showed the importance of separating finance that is more or less relevant for GDP. ...

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Do product returns in the retail sector affect the price level? Evidence from the equation of exchange