Has Wall Street Veered Left?
On the menu today: a paradigm shift on Wall Street, Airbnb’s IPO, China’s private-sector crackdown, and the Lindy Effect.
John Maynard Keynes
Three Cheers for the Rentier
Talk of negative interest rates, a ‘debt jubilee,’ and a wealth tax should worry middle-class savers.
The Anti-Keynes
Given the renaissance in Keynesian thinking, it is fruitful to revisit some of Hayek’s analysis for the light it may shed on our current circumstances.