If you remember Round One (“Fear the Boom and the Bust“), then you won’t want to miss Round Two.
Round Two: Keynes v. Hayek
May 2, 2011 by Daniel Burton
Filed Under: The Economy Tagged With: Austrian School, Economic, F.A. Hayak, Friedrich Hayek, it's the economy stupid, John Maynard Keynes, Keynesian economics, mainstream America, Top-down or bottom-up, World War II
Federal budget outraces CPI by four times
February 17, 2011 by Daniel Burton
Did you know that federal spending has increased faster than consumer prices? Four times faster? From 2000 to 2010, federal spending has increased 106% while prices (according to the Consumer Price Index) have only increased 26%. In other words, while the cost of stuff has risen only 26%, the government is spending roughly four times more than if […]
Filed Under: Government, Laws and Lawmakers Tagged With: Arnold Kling, Barack Obama, budget, consumer price index, Discretionary spending, Economics, F.A. Hayak, Federal Budget, Federal government of the United States, Friedrich Hayek, Government spending, Laws of Economics, Mandatory spending, postaday2011, Price Index, Road To Serfdom, Social Security, United States federal budget
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