President Obama and I agree on at least one thing: “Washington hasn’t always put [Americans’] interests first.” Ain’t that the truth. With Republicans vying for his job, the economy persistently sluggish, and unemployment relatively unchanged since the Bush Administration, President Obama took to the podium to make “the big speech” before a special Joint Session […]
Round Two: Keynes v. Hayek
May 2, 2011 by
If you remember Round One (“Fear the Boom and the Bust“), then you won’t want to miss Round Two.
Does government spending have a multiplier effect on the economy?
January 26, 2011 by
If I didn’t lose you with that wonk-ish sounding title, there’s a good possibility I’ll lose you a little later, so let me summarize: new research suggests that government spending doesn’t actually help the economy all that much. Bear with me as I explain. Some economists of the Keynesian persuasion believe that in a recession […]
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