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Keynes

Who Knew? On the Recovery Act, Keynes Had It Right All Along

Jared Bernstein | Posted 10.19.2013 | Business
Jared Bernstein

When the stimulus was kicking in, adding significant demand to the economy, real GDP and job growth quickly turned less negative, with GDP turning positive later in 2009, and job growth beginning in early 2010. Moreover, as the stimulus flattened, so did they.

If Deficits Are So Bad, Shouldn't We Be Celebrating the Coming 'Fiscal Cliff'?

Jonathan Weiler | Posted 12.17.2012 | Politics
Jonathan Weiler

The fact that virtually no one actually thinks reaching the fiscal cliff is a good thing when push comes to shove tells you everything you need to know about how absurd and besides the point our debates about deficit issues have been.

Both Sides Now: Spitzer/Matalin on Santorum as SNL's Church Lady and Murray=OWS?

HuffPost Radio | Posted 02.27.2012 | Politics
HuffPost Radio

2011-11-29-20111107bothsidesnow.jpgMatalin and Spitzer debate whether Santorum's religious conservatism has veered into Church Lady Comstockery ("Is it Satan?"). Will Mitt's money win Michigan? Then: why did the GOP cave and is Charles Murray the cultural equivalent of OWS?

Nicholas Wapshott's Keynes Hayek

Robert Teitelman | Posted 11.29.2011 | Business
Robert Teitelman

Keynesianism was dealt a serious blow. What's left in the ruins? Who knows? But what occurs on a debate stage or a presidential podium is really not what defines modern economics. Or at least it shouldn't.

What We Can Learn From John Maynard Keynes's Optimism

The New York Times | SYLVIA NASAR | Posted 11.18.2011 | Business

For someone who’s been dead for 65 years, John Maynard Keynes has amazing presence. Open a paper, click on a blog or TV, and, voilà, like Waldo, he...

Elites Are Abandoning Keynesianism for Self-Preservation

Chriss Street | Posted 10.30.2011 | Politics
Chriss Street

Pacific Investment Management Company (PIMCO), the world's largest manager of bonds, has just released research analysis titled: "Saying No to Keynes ...

F.A. Hayek Against the Conservative

James Peron | Posted 10.17.2011 | Politics
James Peron

Friedrich Hayek, the intransigent opponent of socialism that Glenn Beck and conservatives admire, also saw himself equally opposed to their conservative agenda, something conservatives ignore at their peril.

Fame and Death in April

Norman MacAfee | Posted 11.17.2011 | Healthy Living
Norman MacAfee

If you go to The New York Times' obituary page, you will see the list of deaths of famous people who died in any given month and were written about in...

Dan Froomkin

Government Spending Goes From Hero To Goat

HuffingtonPost.com | 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...

State Rep. Larry Brown to the HIV-Positive: You Can All Go Rot!

Alex Blaze | Posted 05.25.2011 | Politics
Alex Blaze

Well, with all the states facing budget crunches and looking for something to cut, someone in this homophobic society was bound to come right and say ...

Not enough colère against cholera

Jane Regan | Posted 05.25.2011 | World
Jane Regan

Now they are saying we have 3,481 killed by cholera. It is doubtless many more... But in any case, these are just numbers to newspaper readers and ra...

The End of the Keynesian Experiment

Nathan Lewis | Posted 05.25.2011 | Business
Nathan Lewis

It is not too long -- less than a decade I would guess -- before the Keynesian Experiment comes to an end, and the world can finally get back on a more productive and healthy track.

Haiti - What "work" are the "cash-for-work" programs really doing?

Jane Regan | Posted 05.25.2011 | Politics
Jane Regan

"As Haiti suffers, the world dozes," remarked a recent Washington Post editorial. But not everyone is dozing... All across Haiti, humanitarian agen...

The Latest Mortgage Foreclosure Mess is just another Financial Crisis.

Warren Mosler | Posted 05.25.2011 | Business
Warren Mosler

The current mortgage crisis is not a real economic crisis.There have been no houses that have been actually destroyed - there has been no fire, no hur...

'Stimulus Now': Economists Including Joseph Stiglitz, Alan Blinder Call For More Government Spending

The Daily Beast | Posted 05.25.2011 | Business

As in the 1930s, the economy is suffering a sharp decline in aggregate demand and loss of business confidence. Long experience shows that monetary pol...

Conservatives Are Clueless on Jobs

Zach Carter | Posted 05.25.2011 | Business
Zach Carter

Paul Ryan's quest to slash government spending is a job-killing agenda. He has to resort to crazy incoherent arguments about interest rates because everybody can see that spending money to create jobs will, you know, create jobs.

'The Road From Ruin': Are We Naive Idiots For Thinking Business Can Be Anything But Greedy?

Matthew Bishop | Posted 05.25.2011 | Books
Matthew Bishop

We don't believe capitalism will ever be perfect, or that you can entirely drive out the dark side of human nature. But we can do a lot better than we have done so far.

Dan Froomkin

'Naked Keynesianism' At The University Of Texas, Says Fox News (VIDEO)

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Business

Fox News host Stuart Varney has lashed out at University of Texas economist James Galbraith for teaching his students "naked Keynesianism" -- to Galbr...

In the Century of "Black Swans", Modern Economics Deserves "Creative Destruction"

Dr. Vladimir A. Masch | Posted 05.25.2011 | Business
Dr. Vladimir A. Masch

Neoclassical economics must be replaced. Nobody can predict now the full scale of its radical replacement, and how beneficial would that replacement become, but its absence will surely be a tragedy.

Keynesian Economics Dissected: Deficits and John Maynard Keynes

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

What is left out of the description of his theory in regards to counter-cyclical fiscal policy, is that Keynes also believed that in times of relative prosperity sovereigns should create budget surpluses.

7 Great Books By Economists

Huffington Post | Jessie Kunhardt | Posted 05.25.2011 | Books

There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...

Time for Economic Polluters to Pay Up? Tobin or not Tobin...

Sony Kapoor | Posted 05.25.2011 | Business
Sony Kapoor

The financial crisis, the biggest in living memory, has tilted the political and financial landscape in a direction that makes Tobin Taxes not just more desirable but also much easier to implement.

Other Economists in the Room

Jane Smiley | Posted 05.25.2011 | Business
Jane Smiley

I don't disagree with Paul Krugman, but he is missing out on some big issues that also need to be discussed and understood before we actually know what is going on in our world.

The Fiscal Stimulus Will Pay For Itself

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

It is simply wrong to suggest that the fiscal stimulus "will cripple us long-term." It will not. The fiscal stimulus will pay for itself -- here's how.

Stimulus Plans Don't Work

Alan Schram | Posted 05.25.2011 | Business
Alan Schram

Spending is the problem that caused this crisis in the first place. We cannot fix the problem using more of its root cause.