Post Tagged with: "fiscal austerity"

March 7, 2013 08:06

An Infinite Amount of Money – Et Tu, Italy?

Too many in power just don’t see the impending crisis that you and I see, or at least they don’t see the need to act now.

May 14, 2012 08:05

Two Kinds of Austerity – Growth and Anti-growth

“Europe raised taxes by almost $9 for every $1 in actual spending cuts.” This approach to austerity, also known in the United States as the “balanced approach,” has unfortunately proven a recipe for disaster.

May 14, 2012 07:50

Economic illiteracy meets socialist campaign rhetoric

It is cannibalistic in that so many have fallen into a state of moral depravity and pathetic impotence in which they believe that the only way they can have the comfortable life is for government to take other people’s wealth and give it to them.

July 6, 2011 05:57

Obama’s failed economic adviser’s naïve Keynesianism

Economics has numerous schools of thought, but Romer’s writing reflects nothing but the most simplistic Keynesian framework. The fact that the huge Keynesian stimulus of recent years that she supported has coincided with the slowest economic recovery since World War II seems to be of little concern to her.