Holiday News| More...
 

Keynesian Economics

Strengthening The Levees Against Unemployment And Rising Debt

Ann Pettifor | Posted 11.25.2009 | Business

Read More: Monetary Policy, Deficit Reduction, Debt, Unemployment, Federal Budget Deficit, Stimulus, Keynesian Economics, John Maynard Keynes, Economic Recovery, Paul Krugman, Recession, Business News
Ann Pettifor

Government must manage the federal budget in the same way that you manage your household budget. But in truth, the president must do the opposite.

Read Post

Jeffrey Sachs: Why Obama's Failing On The Economy

Jeffrey Sachs | Posted 11.11.2009 | Business

Read More: Interest Rates, Keynesian Economics, Jeffrey Sachs, Economic Stimulus Package, Unemployment, Economy, Federal Reserve, Consumer Spending, China Economy, Barack Obama, Fiscal Policy, Business News

The past week brought news of US double-digit unemployment and the Federal Reserve's decision to maintain near-zero interest rates. Both pieces of new...

Read Whole Story

Trapped In Prisoner's Dilemma, More Spending Is The Solution

David Segal | Posted 10.13.2009 | Politics

Read More: Adam Curtis, Tea Parties, Nobel Prize, Economic Stimulus Package, Ronald Reagan, Deficit Spending, RAND Corportation, Margaret Thatcher, Prisoner's Dilemma, Mad Hatter, Game Theory, John Nash, Economy, Keynesian Economics, Politics News
David Segal

The stimulus' oft-cited $787 billion figure includes nearly $300 billion in tax cuts, meaning that it represents a split between conservative and interventionist economic philosophy.

Read Post

Corporations, the Government, and Accountability

Mike Lux | Posted 10.05.2009 | Politics

Read More: Keynesian Economics, Banks, 2009 Obama Administration, Corporations, 2008-09 Financial Crisis, Banking Industry, Politics News
Mike Lux

If government bails you out, subsidizes you, forces people to buy your product, or otherwise does business with you, we the people are owed some basic accountability on the other end of the deal.

Read Post

Risk of Major Social Upheaval Likely if Bank Bonanza Continues

Marshall Auerback | Posted 07.26.2009 | Politics

Read More: Keynesian Economics, Economic Stimulus Package, Budget Cuts, Inflation, Economy, Economic Crisis, Obama Budget, Larry Summers, Banks, Timothy Geithner, G, Barack Obama, Housing Bubble, Politics News
Marshall Auerback

Is a Democratic administration and a Democratically controlled Congress presiding over one of the most regressive wealth transfers in history?

Read Post

Does A Nation of Ninnies Need A Nanny?

Kerry Trueman | Posted 06.19.2009 | Green

Read More: Keynesian Economics, Greed, Thomas Friedman, Teabaggers, Wingnuts, Sean Hannity, Jon Stewart, New Deal, Liberalism, Thomas Farley, Victorians, Glenn Beck, Gardening, Robert Frank, Happiness, Green News
Kerry Trueman

What's the difference between an overly bubbly housing market and sugary carbonated beverages? Both appeal to our infantile desire for instant gratification.

Read Post

It's the Global Economy (Stupid) -- or Is It?

Mark Weisbrot | Posted 05.09.2009 | World

Read More: G20 Summit, Global Economy, Nafta, European Union, Free Trade, Globalization, Global Financial Crisis, g20, Global Economic Crisis, Economy, International Monetary Fund, World Bank, United Nations, Fiscal Stimulus, Monetary Policy, Keynesian Economics, Economic Stimulus Package, Deregulation, World News
Mark Weisbrot

The contemporary idea of the "global economy" is based on a misapplied analogy to the historical development of national economies.

Read Post

Doesn't Anybody Have Any Doubts About How We're Doing This?

Michael Wolff | Posted 04.26.2009 | Business

Read More: Gordon Brown, Mervyn King, Keynesian Economics, Britain, Government Bailout, Economic Stimulus Package, Spending, Business News
Michael Wolff

Who is going to play Mervyn King in America -- who'll play the prudent voice of reason? Not the obstructionist Republicans who long ago got disqualified from reasonableness.

Read Post

Obama's Cure For America? Only Time Will Tell

Andy Ostroy | Posted 04.01.2009 | Politics

Read More: Keynesian Economics, President Obama, George Washington, Rush Limbaugh, Stimulus Bill, Ronald Reagan, Sean Hannity, Bobby Jindal, Abraham Lincoln, Thomas Jefferson, Geirge Bush, Supply-Side Econmics, Franklin Delano Roosevelt, Budget Bill, Fdr, Politics News
Andy Ostroy

What a political week it was. We watched as Obama addressed a joint session of Congress for the first time; defended his $787-billion stimulus plan; and presented his massive $3.6-trillion budget.

Read Post

Beyond the Age of Leverage: Alternative Cures for the Global Financial Crisis

Niall Ferguson | Posted 03.07.2009 | Business

Read More: Debt, Global Economy, Deflation, Davos, Economy, Leverage, Overleveraged, World Economic Forum, Keynesian Economics, Economic Stimulus Package, Inflation, Financial Crisis, Davos 2009, Wall Street, Gobal Financial Crisis, Business News
Niall Ferguson

The harsh reality that is being repressed is this: the Western world is suffering a crisis of excessive indebtedness.

Read Post

Financial Times: The Undeniable Shift To Keynes

Financial Times | Chris Giles in London, Ralph Atkins in Frankfurt and Krishna Guha in Washington | Posted 01.29.2009 | Business

Read More: John Maynard Keynes, Keynesian Economics, Financial Crisis, Economic Crisis, Economy, Business News

More than three decades have passed since Richard Nixon, the Republican US president, declared: "We are all Keynesians now." The phrase rings truer t...

Read Whole Story

The Lure of Keynesianism

Henryk A. Kowalczyk | Posted 01.01.2009 | Business

Read More: Financial Crisis, Free Market, Economy, Robert Reich, Money, Keynes, Socialism, Capitalism, Free Market Ideology, Keynesian Economics, Business News
Henryk A. Kowalczyk

The way out of our crisis is to limit further the influence of government over the economy, so that even if someone could afford to buy political influence, there would be very little to sell.

Read Post

The Rebirth of Keynes, and the Debate to Come

Robert Reich | Posted 12.28.2008 | Business

Read More: Keynesian Economics, Financial Crisis, John Maynard Keynes, Business News
Robert Reich

What the hawks don't get is what John Maynard Keynes understood: when the economy has as much underutilized capacity as we have now, government spending that pushes the economy to fuller capacity will of itself shrink future deficits.

Read Post

Green Bubble Burst?

David Roberts | Posted 11.14.2008 | Business

Read More: Keynesian Economics, Financial Crisis, Economic Stimulus, Climate Change, Economic Stimulus Package, Cap-and-Trade, Economic Crisis, Business News
David Roberts

Does the financial crisis mean the next president will need to trim his ambitions and focus on reducing the deficit? Or does it call for substantial public spending to get the economy moving again?

Read Post

Sticking it to Milton

David Hoyt | Posted 11.02.2008 | Chicago

Read More: Keynesian Economics, Milton Firedman Institute, Wall Street Crisis, MBA President, Milton Friedman, University of Chicago, Milton Friedman U of C, Economy, Milton Friedman Bailout, Socialism, Chicago News
David Hoyt

One can't help but be struck by the irony of the fact. Just when the academic disciplines most influenced by Milton Friedman came together to praise him in 2007, a year after his death, it looks like the rest of the world may wind up burying him in practice.

Read Post

Who's Your Economic Daddy?

Robert D. Atkinson, Ph.D. | Posted 09.21.2008 | Business

Read More: Keynesian Economics, Robert Rubin, John McCain Economic Policy, Joseph Schumpeter, Economic Policy, Economy, Supply-Side Economics, Obama Economic Policy, Innovation, Technology, Rubinomics, R&D, Business News
Robert D. Atkinson, Ph.D.

Virtually all policy makers involved in economic policy subscribe to a particular economic doctrine, even if they may not be aware of which "camp" they are in.

Read Post

Where Are the Economists?

Simon Jenkins | Posted 07.17.2008 | Business

Read More: Keynesian Economics, Gordon Brown, Economists, Alan Greenspan, Economics, Cass Sunstein, Economy, Business News
Simon Jenkins

Economics has long been oversold as a science, when it is rather a branch of psychology, a study of the peculiarities of human nature, thus converting micro-economics into macro has always been a dangerous game.

Read Post