Keynes in Dublin
May 28th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The renowned Depression era British economist John Maynard Keynes gave a lecture in Dublin in April 1933 on the day President Franklin D. Roosevelt announced that America was abandoning the gold standard - - the 1913 Federal Reserve Act provided that at least 40% of currency notes issued had to be backed by gold.