The sequester that took effect March 1 is a case in point. Some House Republicans have called it the Tea Party's biggest success to date. But a success for whom?
Over the past year, we've seen a lot of commentary about John Maynard Keynes, Friedrich Hayek, their relationship, their debates, their various ideas ...
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.
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.
As we walked to breakfast, we talked about the hotly debated issue of whether insurance policies were part of the money supply. Friedman was fascinated by the question, having made part of his reputation on defining how to measure the supply of money
Dr. Friedman listened politely while I went on and on about my research on the lengthening of the production structure. At some point, Friedman laughed in his characteristic good-natured way, and simply began to talk over me, ignoring my poor manners.
Our daily actions and choices have real consequences for the environment that we bequeath to our children, and I was taken aback by some of these American practices upon my return from abroad.
Charles and David Koch built an distortion machine to do their dirty work for them. Through think tanks, academic research, political donations and co...
There's right-wing hypocrisy, and then there's this: Charles Koch, billionaire patron of free-market libertarianism, privately championed the benefits...
Unlike the movies, life rarely permits second takes. But the Second World War gave John Maynard Keynes, the patron saint of government activism, and F...
If conservatives don't like labor unions, they are entitled to their opinions. But when they attack unions by arguing that they actually hurt working people, they don't have the facts on their side. They are crying wolf.
The Free Market faithful have rewritten a great deal of history. But their most recent claim that Franklin Roosevelt started the Great Depression? That's just ludicrous.