Topic: John Maynard Keynes
All Content
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Why economics is still the 'dismal science'
Economists befuddled by the economy's twists and turns often fail to tap into data on the most optimist group – young people. Their hopeful 'animal spirits' may be the force for a full recovery.
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The Circle Bastiat
Argentina: Keeping up with the Chavezes?
President Cristina Kirchner's plan to seize a majority stake in oil company YPF SA, owned by Repsol YPF of Spain, is causing diplomatic tensions with Spain and the European Union.
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The Daily Reckoning
How youth unemployment is keeping Greece from default
The consequences of Europe's economic downturn are being acutely felt by young adults in terms of high unemployment and crippling debt.
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The Daily Reckoning
Is lower consumer demand actually a problem?
‘Demand fear’ is the worry that there aren’t enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
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Robert Reich
The American jobs depression, and how to get out of it
The Reverend Al Sharpton and various labor unions have announced a March for Jobs, but we'll need more than marches to get jobs back
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Why Congress should not extend unemployment benefits
President Obama wants Congress to again extend unemployment benefits. That's a hard request to resist, politically. But the economic impact of extending jobless benefits is that wages will not fall quickly enough to create more jobs.
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Grand Pursuit: The Story of Economic Genius
How much should the government intervene in the economy of a free society? Sylvia Nasar traces a century of debate.
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Robert Reich
Austerity is ushering in a global recession
When the world's economic powers are slipping toward a global recession, tighter austerity is not the answer.
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Tax VOX
Spend, save, or give away tax cut money?
One of the goals of the extension of the Bush-era tax cuts was to get Americans to spend and boost the economy. Is that really what we should be doing?
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Africa Monitor
West Africa Rising: Latin American leaders bolster ties to Africa at World Social Forum
As economies boom on both sides of the South Atlantic, analysts say new lines are being sketched between Africa and Latin America.
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'Twas the time to recover and all through the shops...
An ode to the economic recovery – and other news of 2010 – inspired by Clement Clarke Moore's classic Christmas poem.
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ThinkMarkets
Hayek and Keynes debating in Wonderland
Classic economists John Maynard Keynes and Friedrich August Hayek have a spirited policy debate, in the style of Lewis Carroll.
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The Daily Reckoning
Printing money causes the wrong kind of inflation
The Fed's quantitative easing is pushing up asset prices elsewhere.
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Don't understand the economy? It's not your fault.
Even economists don't fully understand the complicated global economy..
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The Daily Reckoning
Japan: Lessons of a debauched currency
Everything happening in the US today happened in Japan in the 1980's. And when their bubble burst, they fell into a decline from which they've never recovered.
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The Circle Bastiat
Should the Fed pump even more?
Governments are obsessing about inflation when the real threat is deflation, preaching the need for belt-tightening when the real problem is inadequate spending
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Editorial Board Blog
Stimulus vs. austerity: the perennial debate
To avoid a repeat recession, should President Obama spend more, or less?
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ThinkMarkets
Keynes vs. Hayek: The great debate continues
The issues that J.M. Keynes and F.A. Hayek disagreed on are basically the same today, as are the positions of the opposing sides.
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Is Obama a socialist? What does the evidence say?
Some critics cite government 'takeover' of business and 'giveaways' to the poor as signs that President Obama is a socialist. Members of the Socialist Party are among those who disagree.
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Editorial Board Blog
This G-20 summit needs the cool breezes of the real Bretton Woods
The historic site of the 1944 conference in New Hampshire's White Mountains retains from the grandeur of an international meeting that set down the first global financial order.
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New Obama-backed stimulus package fails in Senate vote
A dozen Senate Democrats joined Republicans in voting against a stimulus package that would add about $80 billion to the deficit. President Obama says it will save state and local jobs.
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The Daily Reckoning
Gold soars as the dow drops: why that's bad news for you
It only makes sense to favor gold over productive investments at a time like this: when the world's monetary system is heading for a crackup.
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Could Americans saving more and spending less rescue the US economy?
The conventional wisdom is that the US economy won't recover until consumers start spending freely again. But some economists say Americans saving their money may be more advantageous.
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Stefan Karlsson
In Texas, free-market economists get a boost from government
The Texas Board of Education says students will be exposed to free-market economists like Milton Friedman and Austrian economist Friedrich Hayek.
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The Daily Reckoning
2010: The year of the global insurrection?
Across the globe, citizens are making their anger with their governments felt.
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