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 ...
Can the U.S. Spend Its Way to Prosperity?
Posted in Featured, Not So Fast! on 18 March 2009
Stats: 92 views and No Comments The New York Times editorial page excoriated the European and Japanese governments--for not spending enough money. The newspaper is in near bankruptcy, yet it still advises governments to spend, spend, spend. It is not enough to mock these editorials, given that it seems I might be piling onto yet another ...
Posted in Featured, Not So Fast! on 18 March 2009
Stats: 92 views and No Comments The New York Times editorial page excoriated the European and Japanese governments--for not spending enough money. The newspaper is in near bankruptcy, yet it still advises governments to spend, spend, spend. It is not enough to mock these editorials, given that it seems I might be piling onto yet another ...
