Showing posts with label Keynesianism. Show all posts
Showing posts with label Keynesianism. Show all posts
Tuesday, April 05, 2016

Military Keynesianism: Keynes Prescribed War to Solve US Unemployment Problem in 1939

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For vulgar Keynesians, the essence of economics is all about spending...even if it leads to widespread death and destruction. In 1939, ...
Tuesday, February 02, 2016

Quote of the Day: The Entire Case for Keynesianism is Based on this Slogan

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The Keynesians have no equivalent of this slogan: "There is no such thing as a free lunch." This is a powerful slogan. So is thi...
Thursday, May 01, 2014

Quote of the Day: The Keynesian Crank

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In the early 20th century, John Maynard Keynes came up with a new idea about economics. The politicians loved it; Keynes explained how the...
Tuesday, February 18, 2014

Video: F. A. Hayek on J.M Keynes: Keynes Knew Very Little of Economics, Economics was just a sideline to him

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In the following interview, the great Austrian economist Friedrich August von Hayek makes his comments on mainstream economic deity, John M...
Tuesday, October 15, 2013

Thomas Sowell on the Yellen’s Keynesianism

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Thomas Sowell addresses the prospective Keynesian economic policies from incoming Fed chief Janet Yellen. Writes Mr. Sowell at the Town...
Monday, December 10, 2012

E-Vat 15%: Possible Consequence from Current Quasi Boom Policies

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Thus the remedy for the boom is not a higher rate of interest but a lower rate of interest! For that may enable the so-called boom to last...
Friday, November 09, 2012

Uh Oh. China’s New Set of Policymakers could be Harvard Trained Keynesians

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Wonder why China’s economic policies have transitioned into boom bust cycles? Well that’s because China’s policymakers has increasingly bee...