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Keynesian Economics

Jason Linkins

Paul Krugman Impersonator Uses Google Plus To Make Stupid Arguments In Bad Faith | Jason Linkins | Posted 10.24.2011 | Media

It seems that some hardcore ninny took to the Google+ platform disguised as Paul Krugman and used that venue to disseminate some controversial stateme...

Rick Perry Is a Socialist in a Secessionist Costume

Bob Cesca | Posted 10.18.2011 | Politics
Bob Cesca

Despite his many remarks against the federal government, Rick Perry is in fact responsible for Texas being the second biggest state recipient of stimulus dollars -- ostensibly "redistributed" from tax payers in other states.

Krugman's War Won't Avert Depression

Michael Pento | Posted 10.17.2011 | Business
Michael Pento

Paul Krugman extolled the benefits of war this Sunday on Fareed Zakaria's program Global Public Square. After all, he asserted, only spending equivale...

Why the Jobs Argument Against Military Cuts is Bogus

Robert Naiman | Posted 10.16.2011 | Politics
Robert Naiman

An argument against cuts to projected military spending that is sure to rear its ugly head is that this would cost American jobs. In the current political context, this "jobs" argument is 100% nonsense. Here's why.

Congressman Dennis Kucinich's Briefing to Solve the Debt Crisis

Stephen Zarlenga | Posted 10.11.2011 | Business
Stephen Zarlenga

On Tuesday, July 26th, a day Washington DC was consumed by turmoil and posturing over "solving" a phony budget and debt crisis; in one place in the Capitol there was common sense -- the best America can offer.

Bill Gross: Problem Is 'Insufficient Consumption And investment'

Washington Post | Bill Gross | Posted 10.11.2011 | Business

For a few days there it seemed like President Obama was the master of the bond market. This is a Triple-A nation, he intoned on Monday, and always wil...

The American People Lost the Debt Ceiling Debate

Bob Cesca | Posted 10.04.2011 | Politics
Bob Cesca

We lost. Middle and working class Americans. We're the losers in the debt ceiling debate. Not President Obama or the Democrats. And it was always going to be this way. As soon as deficit reduction became the only game in town.

Consumer Spending Falls For First Time In Nearly Two Years

Posted 10.02.2011 | Business

WASHINGTON (Lucia Mutikani) - Consumer spending unexpectedly fell in June to post the first decline in nearly two years as incomes barely rose, a gove...

Elise Foley

Durbin: Debt Deal Will Be The Death Of Keynesian Economics | Elise Foley | Posted 09.30.2011 | Politics

WASHINGTON -- The Republicans are killing Keynesian economics with their attempt to cut spending as the economy rebounds from a recession, Senate Majo...

Paul Krugman: Washington Determined To Prolong 'Lesser Depression'

The New York Times | Paul Krugman | Posted 09.21.2011 | Business

These are interesting times — and I mean that in the worst way. Right now we’re looking at not one but two looming crises, either of which could p...

DeLong: Economy Is In A Liquidity Trap

Bloomberg | Brad DeLong | Posted 09.04.2011 | Business

There is only one real law of economics: the law of supply and demand. If the quantity supplied goes up, the price goes down....

Conversation with Jeff Madrick, Author of Age of Greed (Part Two)

Lynn Parramore | Posted 08.01.2011 | Business
Lynn Parramore

"One of the remarkable things about the Age of Greed is that not only did people make enormous money and were able to pursue their self-interest unchecked, but they reversed the history of American reforms."

Advantage: Keynes?

Amitai Etzioni | Posted 08.01.2011 | Business
Amitai Etzioni

If you want to know what is going to happen next to your investments, the job and housing markets, and more generally to the economy, you may want to follow what is happening to the ideas of British economist John Maynard Keynes. Keynes argued that when economies are sputtering, the government must increase deficits, because its increased expenditures will stimulate the economy to better growth. But what happens when our leaders don't realize the economy is sputtering, and uncork the champagne early?

Zombie Economics

Glenn C. Altschuler | Posted 07.23.2011 | Books
Glenn C. Altschuler

Age of Greed is clumsily-written and repetitious. It does not pay sufficient attention to structural problems and global challenges to America's economy. Nor does it provide clearly delineated alternatives to the misguided policies of the past.

How Inflation Destroys Real Wages

Michael Pento | Posted 06.20.2011 | Business
Michael Pento

Mark my words: if the Fed and Obama Administration place their faith in stagnant incomes to contain inflation, they will sit idly by while the country collapses in front of their eyes.

Investing in the Wake of Japan's Crisis

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

There are intelligent ways to take advantage of the confusion in financial markets -- solid companies are on fire sale right now, whose business will not be impacted in a significant way.

Do Ideas Matter in Economic Policy, or Just Special Interests?

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Without economics, vested interests can't tell whether free trade benefits them or not, just as a company can't know whether or not it is profitable without resort to accounting principles.

Dan Froomkin

Government Spending Goes From Hero To Goat | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- It wasn't so very long ago that many economists and even some White House officials were talking about the need for more government spen...

Happy Anniversary, Mr. Keynes

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

Keynes's General Theory, not the "Keynesian" theory of textbooks and conventional wisdom, offers the same way out of today's crisis as it did in the 1930s.

The Elegant Revolution

Jaime Pozuelo-Monfort | Posted 05.25.2011 | World
Jaime Pozuelo-Monfort

Capitalism and democracy seem to be suffering from a strong crisis of identity, of declining importance and decadency. The once upon a time happy exis...

Was Keynes Right About Fragile States?

Nicholas van Praag | Posted 05.25.2011 | World
Nicholas van Praag

Keynes said that "In the long-run we are all dead." But for people living in fragile states affected by violence, the short run can be deadly too. The challenge is to balance swift action with long-term stability and security.

Understanding Adam Smith and John Maynard Keynes

Paul A. London | Posted 05.25.2011 | Business
Paul A. London

Tax and spending cuts are like bleeding George Washington to cure him of a cold. The folk remedy dressed up as medical expertise killed the great man while attempting to save him.

WATCH: Sanity Rally Attendees Think 'Keynesian' Means 'Kenyan'

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Let's make one thing clear: John Maynard Keynes was an influential British economist who believed governments should intervene to help their economies...

The Political Consequences of Stagnation

Walden Bello | Posted 05.25.2011 | Business
Walden Bello

Obama's nascent steps toward Keynesian interventionism have been compromised by the absence of an inspiring alternative to the predominant neoliberal paradigm.

Book Review: The Betrayal of American Prosperity by Clyde Prestowitz

Hussain Abdul-Hussain | Posted 05.25.2011 | Books
Hussain Abdul-Hussain

The Betrayal of American Prosperity is the best book in its genre. Clyde Prestowitz masterfully and meticulously explained the reasons behind an ailing American economy.