Post Tagged with: "Keynesian deficit spending"

February 25, 2013 12:02

Our Keynesian Depression

In the same way the Great Depression and the depressions before it lasted eight to 10 years, we will likely continue to see constrained economic growth until 2015-2016 (roughly nine years after U.S. home prices began to slide).

December 11, 2012 04:45

1992 Prediction of America’s Death – Milton Friedman

“The most unresolved problem of the day is precisely the problem that concerned the founders of this nation: how to limit the scope and power of government. Tyranny, restrictions on human freedom, come primarily from governmental institutions that we ourselves set up.”

November 2, 2012 06:22

The Illusion of Growth

The minute the government slows the rate of government spending or the Federal Reserve slows the rate of growth in the money supply, the economic lie is exposed and economic law once again asserts its authority.

December 12, 2011 07:08

The New Deal Was A Failure: Govt spending prolonged the depression as Obama is doing today

If Obama had spent less time seeking out Marxist professors in college he might have learned some basic economics.

November 10, 2011 04:50

Christina Romer’s Toxic Cookbook

It is this weird combination of childlike belief in the simplicity of the problem (aggregate demand, lack of optimism) and the striking arrogance of the notion that the government can and should control the economy by simply pulling at the right strings hard enough that makes Romer’s article such an illustrative example of the intellectual dead end that is mainstream economics today.