Search / 38 posts tagged keynesian economics

Tyler Cowen is conducting an apropos, blog-based book club-style reading of Keynes’s The General Theory of Employment, Interest and Money over at Marginal Revolution.  He’ll provide his insight and analysis along the way with “an eye toward a deeper understanding of what Keynes wrote and why it

STEVE MAICH ON ALL BUSINESS

The incoming Obama administration is expected to launch a stimulus package that could reach up to $1 trillion. Martin Hutchinson says this is a popular - yet high-risk - strategy. In so far as the plan increases the budget deficit and national debt, while crowding out private-sector investment, the long-term damage to the economy could outweigh the stimulus benefits.

This comment was a great reason why Jack Spratt shouldn’t have been chosen to be part of Obama’s economic team and thank God wasn’t. “This is not your typical business cycle recession, and there are no typical off-the-shelf solutions, or play-books to turn to,” Spratt said in a statement Monday afternoon.

In an article in the December 2008 issue of GlobeAsia, economist Steve Hanke quotes Senior Fellow Robert Higgs and references Dr. Higgs’s monumental Independent Institute book, Depression, War and Cold War, to show how federal government policies created, deepened and prolonged the Great Depression, killing off the chances for recovery until after World War II.

Thomas DiLorenzo, Phd. in Economics at Loyola, lectures on Herbert Hoover and the myth that free-market capitalism was the cause of the Great Depression. HT: Liberty Pen

LEW ROCKWELL, YOU ARE STIFLING THE SEMANTICAL UNDERSTANDING OF YOUR FOLLOWERS Posted: Tuesday, November 18, 2008 @ 7:11:18 PM (Pacific Time) By Tom Usher You will note that Lew Rockwell.com does not allow comments. The Myth of Good Government by Llewellyn H. Rockwell, Jr.

Want to see a bunch of purported financial experts over the years deny, denounce, refuse, reject, and make fun of those who vocally stress the toxicity of our institutionalized funny-money culture (i.e. perpetual borrowing, gov.

So Brown, unsurprisingly, has opted for the defunct and disastrous methodology of economist John Maynard Keynes in order to dig us out of the economic quagmire Britain is in. Quelle surprise that Britain is the country in Europe that is suffering most from the fall out of the crisis - this is, in large part, a Gordon Brown caused disaster.

This is big news: SHANGHAI — China on Sunday announced a huge economic stimulus package aimed at bolstering its weakening economy and perhaps helping fight the effects of a global economic slowdown…The package, announced by the State Council Sunday evening, is the largest economic stimulus effort ever