Same Old Song and Dance?
Posted in From the Archives on 27 February 2011
Stats: 320 views and 2 Comments From September 3 to 8, 1958, the Mont Pelerin Society held its ninth annual meeting in Princeton, New Jersey. The discussion topic for September 5 was the threat of inflation to a free society. The society discussed papers by Graham Hutton, Volkmar Muthesius, Jacques Rueff, Bertrand de Jouvenel, and Milton ...
Posted in From the Archives on 27 February 2011
Stats: 320 views and 2 Comments From September 3 to 8, 1958, the Mont Pelerin Society held its ninth annual meeting in Princeton, New Jersey. The discussion topic for September 5 was the threat of inflation to a free society. The society discussed papers by Graham Hutton, Volkmar Muthesius, Jacques Rueff, Bertrand de Jouvenel, and Milton ...
Have Government Deficits “Saved the World”?
Posted in Not So Fast! on 22 July 2009
Stats: 97 views and 7 Comments [caption id="attachment_7910" align="alignright" width="150" caption="Paul Krugman's Chart Explaining How Deficits "Saved the World""][/caption] Last week, I wrote about the crudeness of so-called Keynesian economic theory in which one assumes that all assets and capital “investment” are “homogeneous” in character, which means that their only contribution to the economy is from the ...
Posted in Not So Fast! on 22 July 2009
Stats: 97 views and 7 Comments [caption id="attachment_7910" align="alignright" width="150" caption="Paul Krugman's Chart Explaining How Deficits "Saved the World""][/caption] Last week, I wrote about the crudeness of so-called Keynesian economic theory in which one assumes that all assets and capital “investment” are “homogeneous” in character, which means that their only contribution to the economy is from the ...
Budget Secretary Forecasts Lasting Deficits
Posted in In brief on 14 January 2009
Stats: 7 views and No Comments "Massive budget deficits will continue even after the economy recovers from its deep recession unless budget policies are radically changed, the incoming director of the Office of Management and Budget told a Senate committee Tuesday. Current budget policies would likely generate annual deficits between $750 billion and $1.2 trillion for ...
Posted in In brief on 14 January 2009
Stats: 7 views and No Comments "Massive budget deficits will continue even after the economy recovers from its deep recession unless budget policies are radically changed, the incoming director of the Office of Management and Budget told a Senate committee Tuesday. Current budget policies would likely generate annual deficits between $750 billion and $1.2 trillion for ...
