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Economist John Maynard Keyes died on this day in 1948, aged 62.

The manifestoes of the presidential candidates contain plans for reducing the cost of governance so that Nigeria can use more of its revenues for the development of the economy.

May 11, 2021 Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. May 7, 2021 Yogi Berra is famous for various quotes. He famously said, “Always go to other people’s funerals, otherwise, they won’t come to yours.” He also noted that, “A nickel isn’t worth a dime anymore.” The one we deal with most in  asset allocation is the saying, “It�...

Recession, 260 million construction jobs were lost, and our unemployment is stuck at 8.7%, and with the sequestration looming, the budget office released a project sthaun the gdp will tighten because of the mandates of the sequestration. and in fact, the cbo found that the growth would improve by 1.1% if it weren't for the planned cuts. perhaps heed the advice of an economist before president obama orren before president eisenhower e's time, john maynard keyes who warned that the boom and not the slump is the right time for austerity. with me is economist lawrence michelle, professor of the po...

big important ones, ones that i think we've all been grappling with, and you've written a very short book about. i think without diving straight into central issues -- >> it's much harder to write a short book that a long book. i mean that. this is the shortest book i've written and it was the hardest to write. it's like a haiku. trying to boil things down. but i think that per page i get to read much more than ever before. [laughter] >> well, we are at the end of the historic financial crisis, at least we hope we're at the end. most americans don't understand the complexities of wha...