Why Keynes did not win the Nobel Peace Prize for “The Economic Consequences of the Peace”
Lars Jonung 5 Mar 2026 https://cepr.org/voxeu/columns/why-keynes-did-not-win-nobel-peace-prize-economic-consequences-peace John Maynard Keynes was nominated for the Nobel Peace Prize in the 1920s for writing “The Economic Consequences of the Peace”. Yet, despite being highly ranked by the advisor of the Nobel Committee and placed on the shortlist, he did not win. This column brings out previously unused archival […]
The Debt-Inequality Cycle
Atif Mian During the Great Depression, as he saw ordinary people’s purchasing power collapse, Federal Reserve Chairman Marriner Eccles warned that excessive saving by the rich was draining demand and deepening the downturn. “To protect them from the results of their own folly,” Eccles told the Senate in 1933 testimony, “we should take from them a sufficient […]