Articles by Nathan Lewis
We found 2 results.
The Problem with “Modern Monetary Theory” Is That It’s True
Nathan Lewis - Forbes, 15 Jul 2019
When a government keeps its affairs in order, and acts as if it does not need to rely on money-printing to get by, it actually gets a small advantage from the money-creation process. But when a government declares, via various silly justifications, that it intends to use the printing press to finance itself, it typically finds that it cannot without a currency breakdown.→ read full article
The End of the Keynesian Era
Nathan Lewis – Al Jazeera, 9 Jan 2012
The beginning of the Keynesian Era can be dated, perhaps, to September 1931 – the year when Britain intentionally devalued the pound, throwing the world into turmoil and currency conflict. Today, we are again in an extended period of economic crisis. However, I suspect that this will turn out to be the end of the Keynesian Era – the time when it is, in fact, Keynesianism itself which destroys us.→ read full article