Liberties’ Response to Government Debt: Pay Back or Repudiate?
Posted in From the Archives on 2 August 2011
Stats: 467 views and 3 Comments The recent debt ceiling debate is a glaring example of the legacy left by Keynesian economics. Debates over America’s debt are certainly nothing new either. We have become overly dependent upon government, which is unreliable itself, and we need to recognize this. For example, today’s document is a short clip ...
Posted in From the Archives on 2 August 2011
Stats: 467 views and 3 Comments The recent debt ceiling debate is a glaring example of the legacy left by Keynesian economics. Debates over America’s debt are certainly nothing new either. We have become overly dependent upon government, which is unreliable itself, and we need to recognize this. For example, today’s document is a short clip ...
If I Were Dictator: Lord Keynes Edition
Posted in From the Archives on 26 July 2011
Stats: 344 views and 3 Comments A student once asked economist Gordon Tullock, “if you don’t like democracy what do you want?” to which he responded “Tullock as dictator!” When Ludwig von Mises was asked what he would do if he were king he responded, “abdicate!” Haven’t we all thought about what it was like if ...
Posted in From the Archives on 26 July 2011
Stats: 344 views and 3 Comments A student once asked economist Gordon Tullock, “if you don’t like democracy what do you want?” to which he responded “Tullock as dictator!” When Ludwig von Mises was asked what he would do if he were king he responded, “abdicate!” Haven’t we all thought about what it was like if ...
Letter from J.M. Keynes to Henry Hazlitt September 17, 1931
Posted in Document on 21 July 2011
Stats: 403 views and No Comments Letter from J.M. Keynes to Henry Hazlitt September 17, 1931, were Keynes turns down Hazlitt's offer to participate in a series of articles entited, "If I were dictator."
Posted in Document on 21 July 2011
Stats: 403 views and No Comments Letter from J.M. Keynes to Henry Hazlitt September 17, 1931, were Keynes turns down Hazlitt's offer to participate in a series of articles entited, "If I were dictator."
Do We Need Another Stimulus?
Posted in Not So Fast! on 7 October 2009
Stats: 53 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
Posted in Not So Fast! on 7 October 2009
Stats: 53 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
Being for the Free Market Isn’t Enough
Posted in The Goal Is Freedom on 2 October 2009
Stats: 88 views and 13 Comments Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls "mainstream economists." Observe: Has any group of professionals ever been so spectacularly wrong? Pre-Copernican astronomers and cosmologists, I suppose, and for the same reason, really: They had an ...
Posted in The Goal Is Freedom on 2 October 2009
Stats: 88 views and 13 Comments Harold Meyerson, an op-ed columnist for the Washington Post, this week launched a devastating attack on what he calls "mainstream economists." Observe: Has any group of professionals ever been so spectacularly wrong? Pre-Copernican astronomers and cosmologists, I suppose, and for the same reason, really: They had an ...
The Lowdown on Crude Keynesianism
Posted in Not So Fast! on 15 July 2009
Stats: 215 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
Posted in Not So Fast! on 15 July 2009
Stats: 215 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
