Keynesian

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Latest blogosphere posts tagged “Keynesian”

  • Major Premise That Government Economists Can Improve Workings of a Free Economy


    The Daily Reckoning AustraliaAuthority Authority: 551
    We write every day. Occasionally, we think too. We did some thinking yesterday, on our trip to Uruguay. Why Uruguay? We thought we should have a look around. Montevideo is a cheap place to live. Its on the sea, with beaches near the downtown area. It is an old town, with many fine buildings. It is clean. It is safe. ...
    3 hours ago
  • Counting Jobs Saved by Obama’s Fiscal Stimulus


    Jeff Frankels WeblogAuthority Authority: 395
    The National Journal asks: “Is the Obama administration’s stimulus plan helping to create or “save” 650,000 jobs, as the president and his aides say? Is that an appropriate way to measure the stimulus’ impact?” I am astounded by claims that fiscal stimulus under recession circumstances doesn’t ...
    2 days ago
  • Obama’s Stimulus Credibilty Gap on Unemployment


    The BeaconAuthority Authority: 617
    The House Republican Conference has just released the following graph on the unemployment effects of Barack Obama’s “stimulus” package: Obamas Stimulus Credibility Gap Also, please see the following, award-winning Independent Institute book: Out of Work: Unemployment and Government in Twentieth-Century ...
    3 days ago
  • Steve Fraser on the Crisis of Capitalism


    Truthdig: Drilling Beneath the HeadlinesAuthority Authority: 726
    Does the prospect of deepening economic meltdown and political disarray raise the specter of a social upheaval and, perhaps, the collapse of capitalism, the likes of which we haven’t seen since the Great Depression? READ THE WHOLE ITEM Related Entries November 5, 2009 Republicans vs. the Palinites November ...
    6 days ago
  • Stimulating Times


    EconomicsAuthority Authority: 141
    I was drawn to this very interesting graphic from the latest IMF report on the state of government (fiscal) finances in countries around the world. Many countries have introducing a deliberate fiscal stimulus designed to bolster demand and confidence whilst the financial markets were in semi-meltdown and the real ...
    1 week ago
  • Krugman v. Keynes


    Creative DestructionAuthority Authority: 127
    Paul Krugman takes Ned Phelps to task for mischaracterizing what Keynesians think: Phelps : Keynesian economics, which had been nearly forgotten inside the macro field, has found new voices from outside. They take the position that fiscal “stimulus” of all kinds is effective against slumps of all causes. ...
    1 week ago
  • Add this book to your library


    New At PoliticsAuthority Authority: 106
    Hunter Lewis has exposed, as the Austrians have often done, perhaps the worst economist of the 20th century, John Maynard Keynes. Building on the work of other Austrians, Lewis details how Keynesianism is destructive and has no place in 21st century economics. A great addition to any home library. Buy it at ...
    1 week ago
  • Ron Paul discusses Austrian vs. Keynesian economics on Morning Joe 05/15/2009


    Watch your favorite videos on the internet.Authority Authority: 171
    http://www.youtube.com/v/MQ3JNcMDWwg?f=videos&app=youtube_gdata Continue reading here:Ron Paul discusses Austrian vs. Keynesian economics on Morning Joe 05/15/2009Related Posts:Hal R. Varian (Google) - The Economics of Internet SearchKings Of Leon - Red Morning LightThe Vampire Diaries CW Connect - Paul ...
    1 week ago
  • Is Our Stimulus Working?


    The New Ledger Chequer-BoardAuthority Authority: 141
    Jacob Sullum takes on the contention that the stimulus package is helping get us out of a recession: In August, Christina Romer, chairwoman of the White House Counsel of Economic Advisers, suggested that we think of the $787 billion American Recovery and Reinvestment Act as an extremely expensive course of ...
    1 week ago
  • Paul Mason on the Wall Street Crash


    EconomicsAuthority Authority: 141
    Paul Mason - BBC Newsnight’s Economics Editor - is running a series of reports this week to mark the 80th anniversary of the Wall Street Crash. They are likely to be superb and a great resource for students and teachers. Here are the links to Paul’s output. What caused the Wall Street Crash? (11 mins) How the ...
    2 weeks ago
  • Eating Your Seed Corn


    Opinion ForumAuthority Authority: 430
    In today’s complex global economy, it can be easy to forget the root and the meaning of money.  In fact, it can be so easy that there is an entire school of economics, Keynesianism, that is devoted to the theory that it is the consumer that drives the economy and spending money is the best way to produce wealth.  ...
    2 weeks ago
  • Latte Links (10/24)


    Caffeinated ThoughtsAuthority Authority: 140
    Some stuff I’m reading while watching Iowa play Michigan State tonight.  Go Hawkeyes!  If they win this game it will mark the first time they’ve been 8-0.  Anyway, here’s the latest links. NextGen GOP: Obama and the Media William Jacobson: The Most Monumental Power Grab You Never Heard About La ...
    2 weeks ago
  • Macro for Dummies


    The Daily ReckoningAuthority Authority: 640
    “He who goes a-borrowing, goes a-sorrowing.” The quote comes from Ben Franklin. But it was recalled to us neither by America’s president, nor Britain’s Prime Minister. Instead, the Telegraph in London reported it from the mouth of Cheng Siwei, a “top member of the Communist hierarchy.” What goes around ...
    2 weeks ago
  • Help!


    We Rush DailyAuthority Authority: 128
    Tuesdays Rush Limbaugh Morning Update: Dateline: 20 October 2009 Well, folks, it hasnt even taken a year! With Democrats in charge, weve got government spending at an all-time high, record deficits, and unemployment like we havent seen in almost 30 years (not since the last time a Democrat ruined the economy). So ...
    3 weeks ago
  • What’s Wrong With the Stimulus Packages


    The Daily Reckoning AustraliaAuthority Authority: 551
    The Australian Senate has been running an inquiry into the stimulus package for which I provided a written submission and afterwards spoke to the Senate Economic References Committee which has been conducting this inquiry. At the core of my testimony were conclusions drawn from half a lifetime of research into the ...
    3 weeks ago
  • Great moments in the history of statism Pt. III


    Beers with DemoAuthority Authority: 525
    Recessions make people do the wackiest thing. Over here, when recessions strike we chuck the free-market, limited government model and go Keynesian. Recall President Bush last December saying that he had “abandoned free-market principles to save the free-market system” ? So what happens in workers’ ...
    3 weeks ago
  • Dr. Michael Hudson On Landlords and Bankers in Charge of the Economy Again


    The Daily Reckoning AustraliaAuthority Authority: 551
    Regrettably, your editor was back at the doctors office early this morning being diagnosed with tonsillitis after a lousy night. We were especially disappointed because scheduled for today was a noon lunch with Dr. Michael Hudson. His tour of the country is being sponsored by Prosper Australia and tonight at the ...
    4 weeks ago
  • William Trufant Foster: "Thrift is wasteful" (1931)


    Notable and Quotable... in the Classical Liberal traditionAuthority Authority: 128
    The glow of righteous satisfaction that many have felt in their recent savings should be replaced by the knowledge that thrift under certain conditions is very wasteful. ~ William Trufant Foster, leading pre-Keynesian economist in the “underconsumptionist tradition,” September, 1931
    4 weeks ago
  • Rare (Presumed Extinct) Creature Sighting


    Economic DisconnectAuthority Authority: 126
    Monday is always 10 times harder after a crushing defeat for your football team! I guess it could be worse, I could be a Raider fan. I will accept a Miami Dolphins victory against the NY Jets tonight as a consolation prize. Delaying Tactics on Condominiums Runs Out of Time? I came across the item from the always ...
    4 weeks ago
  • Definition of Capitalism


    Fair Loan Rate!Authority Authority: 136
    Capitalism is a name given to a socio-economic system in which private ownership means profit to the owner. The means of production is controlled by the owner, so the profit belongs to the private business owner. In capitalism, the production, distribution and price of goods and services are determined by free ...
    4 weeks ago

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