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/biz/ - Business & Finance

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37 No.37[DELETED]  [Reply] [Original]

Let's have a thread about the most important man in terms of business and economics

>> No.62

Bump for non-shitposters and people who are actually interested in economics

>> No.75
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75

>> No.99
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99

>>37

>> No.77

But that's not Hayek

>> No.110

Could you tell me who that is and why he is important? Serious question.

>> No.132

>>99
im just go ahead and check my own dubs here dont mind me

>> No.189

>>110
John Maynard Keynes. A British economist who wrote many issues about depression, employment and recessions. His ideas revolutionized European and American economies during WWII

>> No.201

>>37
>>77

>le hayek vs keynes face

Smith 4 life

>Smith also warned that a business-dominated political system would allow a conspiracy of businesses and industry against consumers, with the former scheming to influence politics and legislation. Smith states that the interest of manufacturers and merchants "...in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public...The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention."

>> No.353
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353

What's going on in this thread, then?

>> No.397

>>37
That's not Jack Bogle.

Also, Keynes lost everything in the markets and only made money when he traded gold on inside information.

>> No.429
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429

Keynes-sama, I...

>> No.491

>>1

>> No.532
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532

James Pierpont Morgan.

Greatest business mind of all time and even bailed out the government.

>> No.538

That's not Henry Ford

>> No.583

I hate how much Paul Krugman sucks his dick.

>>429
Fucking kek

>> No.602

>>397
Go on. This is interesting

>> No.619

>>2

>> No.670

>>37
eventually anybody's theory got outdated.. This is why economics are slowly improving overtime and give us and increasing understanding.

>> No.706

>>110
He was responsible for the notion that government should increase spending and cut taxes during economic slumps to allow people to spend more, and cut spending and raise taxes during economic spurs to curb inflation.

>> No.755

>>670
That's the most interesting part in economics to be honest. In fact it is a very young discipline

>> No.777

>>602
He lost it all in the 1929 crash. He was managing other people's money too and was long stocks with 83% of his portfolio.

Then he bought up loads of gold mining stocks because he had convinced FDR to confiscate gold, which he knew would send the price rocketing.

He only lost money unless he was trading on inside information.

>> No.792

>not Marx
>2014 anno domini

>> No.817
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817

>>37
Wasn't he gay?

Go back to >>>/lgbt/ please, no homos allowed

>> No.840

>>755
This. It's crazy to think that it's only a couple hundred years old.

>> No.854

>>755
actually economics theory is pretty much always outdated cause its theory on how it worked until now. Its quite a poor tool when you try to predict the futur or anticipate the next move...

>> No.969

>>792
I congratulate you for becoming the board's premiere ruseman!
While they may come and go, I assure you, it shall be your quasi-retarded comments that shall be remembered for all time.

>> No.1032

>>777
>warn people of crashs
>lose money anyways

>> No.1062

>>37
Most important man is of course Keynes, even though his ideas work horribly in reality. Milton Friedmann should have controlled monetary policy

>> No.1115
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1115

>>969

>> No.1231

>>37
Fuck you. This guy was a completely delusional cuntbag and deserves to be ridiculed by all of mankind for all time and eternity.

>> No.1249

>>1231
Even so, his theories are extremely influentual.

>> No.1817

>>969
But Marx has been very influential, and he didn't only talk about socialism, his intuitions on technical progress is very interesting to read

>> No.2230

1000 get