John Maynard Keynes

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Latest blogosphere posts tagged “John Maynard Keynes”

• Keyness Blind Spot: Consumption is Production Shared

  
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  Bret Stephens has written a nice opinion piece in the Wall Street Journal of December 23. He cites poet Rudyard Kipling and author George Melloan who wrote The Great Money Binge: Spending Our Way to Socialism . Melloan’s work, according to Stephens, shows “in exacting detail, not only how we came to our ...
  10 hours ago

• The Devolution of Economics

  
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  That John Maynard Keynes inspires all manner of silliness is not news.  This particular incarnation might be.  
  1 week ago

• Shockingly Entertaining: Friedrich Hayek Vs John Maynard Keynes Rap

  
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  Russell Roberts, a professor of economics at George Mason University, argues for the Friedrich Hayek perspective, and against Keynesian government spending, in an episode of PBS NewsHour featured below. He directly counters the mainstream John Maynard Keynes viewpoint forwarded in this clip by Lord Robert Skidelsky, ...
  1 week ago

• Keynes vs. Hayek: The Rap Battle

  
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  Opposing economic theories and the recovery, put to rap.
  1 week ago

• Taxpayers slapped in the face three times in one day

  
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  Taxpayers were got slapped in the face three times yesterday by President Barack Obama and the Democrat-controlled Congress. The first was the president signing a bloated $1.1 trillion spending bill , which passed Congress over the weekend: President Barack Obama has signed into law a $1.1 trillion bill that ...
  1 week ago

• Remembering Samuelson, Who Forever Fused Economics with Math

  
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  It was Paul Samuelson, the Nobel laureate who died yesterday, who gave economists their toolbox, the mathematical methods that define the field, an economist writes.
  2 weeks ago

• Paul Samuelson, 1915-2009

  
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  The great MIT economist Paul Samuelson died today, at age 94. The NYT, in its obituary, calls him "the foremost academic economist of the 20th century," which sounds about right. Samuelsons Foundations of Economic Analysis, a reworking of his doctoral dissertation that was first published in 1947, transformed graduate ...
  2 weeks ago

• The Economic Weather

  
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  A report called Battered by the Storm , put together and released by several organizations documents the vast number of people being crushed by our economic problems. Our corporate media doesn’t give much time to reporting the devastation occurring at the bottom rungs of our economy’s ladder. Blacks, Hispanics, ...
  2 weeks ago

• Evening Post: More Tiger, Nobama, Sanford, Etc.

  
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  One day, the world will tire of devouring the latest, lurid details surrounding the salacious “inter-vaginal masturbation” of golfer Tiger Woods, but that day is not today, friends. Far from it, in fact, as the ongoing implosion of the world’s most (in)famous, highest-paid athlete shows no sign of letting up. ...
  2 weeks ago

• In the Long Run, Were All Dead

  
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  Far from being a socialist left-winger, Keynes ... was suspicious of the power of unions, inveighed against the perils of inflation, praised the virtue of profits. "The engine which drives Enterprise," he wrote, "is not Thrift but Profit." He condemned the Marxists as being "illogical and so dull" and saw himself as a ...
  3 weeks ago

• California’s Revenue Problem – Educators Should Demand Economic Growth Not Tax Increases

  
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  In what is becoming a perennial affair, the California budget deficit is projected to be over $21 billion in the coming year – including a $6 billion hangover from this year.  With the same degree of regularity, in pursuit of stable education funding (a good idea), educators in California are calling for tax rate ...
  3 weeks ago

• Yes We Can: Original ‘Evil Dead’ Coming to Theaters

  
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  What would you say if I said I haven’t seen The Evil Dead ,….yet? What does the word “yet” mean to you? Of course I have seen the movie. Several times. Probably too many to count on one hand (read: six), but I’ve never had a chance to see it on the big screen which is why I’m insanely happy that it’s ...
  4 weeks ago

• The Echo of John Maynard Keynes

  
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  When in doubt, increase taxes.Further taxing of the financial industry seems like an appropriate policy given the bailouts provided over the last few years. Screw Wall Street, right? Yeah, hit them harder!! They deserve it. While I understand and appreciate the current rage directed at the...
  4 weeks ago

• John Maynard Keynes’ Consumption Function

  
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  John Maynard Keynes established the consumption function indicating that the most determined factor of consumption spending is disposable income; that is income after subtracting the amount of taxes. However, other factors may impact on the consumption function, as culture, religion, education, location, family size, ...
  4 weeks ago

• Where Are The Fake "Stimulus" Jobs?

  
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  The Democrats’ government-growth-disguised-as-Keynesian-“stimulus” bill has done anything but stimulate the economy.  Unemployment is at 10.2%, About 3 million jobs have been destroyed in the private sector since the bill became law, and as has been noted, fake jobs have been “created or saved” in places ...
  5 weeks ago

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