In Slippery Times
December 2, 2008
THERE is a story about John Maynard Keynes once hurling a basket of towels on the floor during a serious discussion. People were shocked. But it seemed to be the way the famous economist was making his point: don’t be afraid to act drastically in order to create a situation where the need to work will increase. For this is how people can earn money and the economy can move.
This occurred when Keynes was lecturing in Washington, DC, during the
...