iOS app Android app

John Maynard Keynes

Blocking Minimum Wage Increase, Boehner Relies on Lies

Terry Connelly | Posted 03.29.2015 | Business
Terry Connelly

The federal government, in fact, did increase the minimum wage multiple times while he was working his way up the ladder, and secondly, none of those increases seems to have stopped him from getting the "rotten jobs" that kept him moving up the ladder to eventual success.

God and Gas in Iran

Alexis Crow | Posted 01.31.2015 | World
Alexis Crow

Much to the West's chagrin, Iran continues to find a market for its crude, and while sanctions on the oil and banking sectors may have a temporarily crippling effect, Iran's bounty of natural gas may mean its people laugh all the way to the bank. The country's gas reserves are second only to Russia.

Food Prices: Always Too High or Too Low

Jose Graziano da Silva | Posted 12.03.2014 | World
Jose Graziano da Silva

The governance arrangements of international agricultural commodity markets are ripe for an overhaul to reflect not only the changes in markets, consumption patterns and technologies of the past 40 years, but also to actively engage in the challenges of the future.

Rap Was Bloated With Champagne

Michael Nirenberg | Posted 10.28.2014 | Arts
Michael Nirenberg

We have seen the decline of the record industry splinter off and find a begrudging acceptance of the same technology, which caused its monolithic empire to crumble. This has empowered the listener and given us unimaginable economic choices within the previous music industry paradigm.

Do You Have To Be As Busy As You Say You Are?

Samantha Eyler | Posted 09.08.2014 | Women
Samantha Eyler

Everyone (well, mostly women) keeps talking about how BUSY they are all the time.It's like suddenly, being "busy" is a badge of honor or something. I just want to scream at them: We're ALL busy! And there's no prize for being the busiest!

Having Control Over Your Time Is the Only Sensible Financial Goal

The Motley Fool | Posted 07.14.2014 | Business
The Motley Fool

The field of positive psychology teaches us that having control over your time is one of the biggest keys to being happy. People adjust to material stuff quickly. But losing control of your time makes almost everyone miserable.

How Would You Live On the Minimum Wage?

Terry Connelly | Posted 07.12.2014 | San Francisco
Terry Connelly

This post starts with a question because the answer could determine how you might vote in Congress (or for Congress) on the proposition that the curre...

Time For An Arab Economic Revolution: How Keynes Can Save The Arab Spring

Richard Javad Heydarian | Posted 05.09.2014 | Business
Richard Javad Heydarian

There should be a serious debate on how to reinvent the Arab state, establishing a developmental regime that fosters a reorientation of the national economy towards industrial productivity, agricultural dynamism, and inclusive growth.

Is New China the Old Germany?

Patrick Stephenson | Posted 02.08.2014 | World
Patrick Stephenson

As I await my new toy, fighter jets from Japan, South Korea, China and the United States track each other warily over the very same sea. Trade between our economies has not created true trust between our governments.

Economist Robert Shiller's Nobel Prize a Big Win

Harlan Green | Posted 12.14.2013 | Business
Harlan Green

Although much of what Yale economist Robert Shiller writes is about the importance of financial markets, he won the Nobel Prize in Economic Sciences for studying how financial markets misbehave. He is a pioneer in the new field of Behavioral Economics.

Mark Gongloff

Discredited Economist Blasts Back | Mark Gongloff | Posted 05.23.2013 | Business

Kenneth Rogoff is mad as hell, and he's not going to take it any more. The Harvard economist has taken a beating since the discovery that much of h...

Hello Republicans: Japan Switches to Stimulus, Gets Growth; Europe Sticks With Austerity, Stays in Recession

Ian Reifowitz | Posted 07.20.2013 | Politics
Ian Reifowitz

As Europe reminds us, it prevents recession-battered economies from growing. The alternative is to prime the economic pump by having governments engage in fiscal and monetary stimulus.

Gay People To Blame For 'Collapse Of The Western Economy,' Pundit Claims

Posted 05.07.2013 | Gay Voices

Bryan Fischer has previously stated that lesbian, gay, bisexual and transgender (LGBT) people should face job discrimination and implied that members ...

Is Outrage Driving Homophobia Underground?

Nathaniel Frank | Posted 07.07.2013 | Gay Voices
Nathaniel Frank

Maybe all the outbursts are doing us a favor by allowing us to understand and address homophobia. But the outbursts can only be helpful if they are taken seriously and not dismissed or censored by the outrage police.

Raising Keynes

Glenn C. Altschuler | Posted 04.22.2013 | Books
Glenn C. Altschuler

Challenging but accessible, The Leaderless Economy: Why The World Economic System Fell Apart And How To Fix Itprovides a clear and compelling analysis of the roots of our global financial crisis and the lessons we can learn from it.

Keynes, Hayek and the Eternal Truths

Robert Teitelman | Posted 02.13.2013 | Business
Robert Teitelman

Over the past year, we've seen a lot of commentary about John Maynard Keynes, Friedrich Hayek, their relationship, their debates, their various ideas ...

Angus Burgin and the Power of Free-Market Persuasion

Robert Teitelman | Posted 01.28.2013 | Books
Robert Teitelman

If neoliberalism is the spirit of the age, then what if we have landed in a new age? Burgin recounts how the reaction from both left and right after the financial crisis predicted an upsurge in Keynesiasm or at least greater state activism.

Theoretical Economics: My Time With Friedrich Hayek -- and Why Understanding Him and Keynes Is Central to This Election, Part 2

Steve Mariotti | Posted 12.26.2012 | Business
Steve Mariotti

Not quite a "Hayekian," because I disagreed with the master that mathematics could not be used to illuminate theory, and distrustful of Keynesian theory, which advocated massive government spending and deficits -- I felt I had no intellectual home.

Theoretical Economics: My Time With Friedrich Hayek -- And Why Understanding Him and Keynes Is Central to This Election, Part 1

Steve Mariotti | Posted 12.25.2012 | Business
Steve Mariotti

As we seek to choose our next president, we are also still trying to decide, as a nation, whether to risk our still-fragile economic recovery on the competing theories of Keynes and Hayek.

Romney-Ryan Austerity Starves the 47 Percent

Harlan Green | Posted 12.15.2012 | Business
Harlan Green

Since no expert believes it can be done without removing such favored tax shelters as the home mortgage interest deduction, it will create the same austerity trap Europeans now find themselves in.

Finance Executives: Tax Us Before We Kill Again!

The Huffington Post | Mark Gongloff | Posted 06.25.2012 | Business

When an industry is all but begging you to tax it, maybe it's time to pay attention. Dozens of financial executives, including expats from Goldman ...

Sylvia's Grand Pursuit Is a Grand Gift

Laurence J. Kotlikoff | Posted 08.18.2012 | Books
Laurence J. Kotlikoff

Sylvia Nasar's Grand Pursuit is a marvelous intellectual and social history of economics, economists, and economic times during the century when economics came into its own, 1850 through 1950.

Krugman: Effects Of High Unemployment Must Be Handled Now

The New York Times | Paul Krugman | Posted 05.10.2012 | Business

A few days ago, I read an authoritative-sounding paper in The American Economic Review, one of the leading journals in the field, arguing at length th...

Conservative Candidates and Their Love affair With Austrian Economics

Isabel Otero | Posted 03.10.2012 | Politics
Isabel Otero

Many Republican candidates, Congressman Ron Paul in particular, are out praising the merits of the Austrian School of Economics or quoting from Hayek in an attempt to solidify their small government anti-Keynes stance. I truly wonder if they've done their research...

Krugman: Austerity Is For Boom, Not Bust Times

The New York Times | Paul Krugman | Posted 03.02.2012 | Business

"The boom, not the slump, is the right time for austerity at the Treasury." So declared John Maynard Keynes in 1937, even as F.D.R. was about to prove...