Blogs about: Deficits And Debt

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The Owl of Minerva takes flight at dusk:The anti-Keynesian era is drawing to a close

haroldchorneyeconomist wrote 1 month ago: The Owl of Minerva takes flight at dusk: The anti-Keynesian era is drawing to a close By Harold R. C … more →

Tags: Fiscal Policy, J. M. Keynes, austerity, Business Cycles, Monetary Policy, European debt crisis, Full Employment, Keynesian multiplier, Deficit hysteria

Reinhart and Rogoff study based on flawed data:I pointed this out in 2010

haroldchorneyeconomist wrote 2 months ago: It comes as no surprise to me that researchers at the University of Massachusetts at Amherst have pu … more →

Tags: Unemployment, Business Cycles, Deficit hysteria, Reinhart and Rogoff, economic growth and debt, misleading data on debts and growth

Italian electorate rejects austerity by overwhelming margin

haroldchorneyeconomist wrote 3 months ago: The Italian electorate has overwhelmingly rejected the austerity which its technocratic government l … more →

Tags: Unemployment, Fiscal Policy, J. M. Keynes, austerity, Business Cycles, classical economics, Treasury view, Monetary Policy, European debt crisis

Europe still mired in austerity, slow growth and possible recession and excessive unemployment2 comments

haroldchorneyeconomist wrote 4 months ago: The situation in Europe continues to be worrisome and exasperating. The stubborn ideologically drive … more →

Tags: Unemployment, J. M. Keynes, austerity, Business Cycles, classical economics, Treasury view, Monetary Policy, Quantitative Easing, European debt crisis

U.S. jobs report January 2013 unemployment 7.9% 157,000 jobs added:clear need for further fiscal stimulus

haroldchorneyeconomist wrote 4 months ago: The U.S. Bureau of Labour Statistics has released the employment report for January . It shows that … more →

Tags: Fiscal Policy, U. S., austerity, Business Cycles, federal reserve, Monetary Policy, Quantitative Easing, Full Employment, Deficit hysteria

U.S. 4th quarter GDP shrinks by 0.1 percent: No time to cut spending1 comment

haroldchorneyeconomist wrote 4 months ago: The news came as a surprise to many but the 4th quarter of 2012 experienced a slowdown in growth tha … more →

Tags: Unemployment, Fiscal Policy, U. S., austerity, Business Cycles, Full Employment, Deficit hysteria, slowdown in growth, cut backs

President Obama's Deficit Problem

Various Writers wrote 5 months ago: [Townhall.com] The Tipsheet Kevin Glass Kevin Glass Managing Editor, Townhall.com Jan 20, 2013 03:38 … more →

Tags: Elections (presidential) 2008, Government, New Media News, America's Freedoms, Corruption in Government, Deficit, corruption, Fiscal Responsibility, Economy

'Predicting the Fiscal Cliff--Why A Deal Will Happen' by Jack Rasmus

jackrasmus wrote 7 months ago: While both candidates in the recent election period were busy telling voters about their fictional e … more →

Tags: corporate tax cuts, fiscal cliff, Medicare / Medicaid, Social Security

This U.S. recession's recovery in comparison to 7 earlier ones:unemployment 45 months after its peak

haroldchorneyeconomist wrote 8 months ago: One critical way of guaging the severity of a recession, the impact of policy and the changing circu … more →

Tags: Unemployment, U. S., austerity, Business Cycles, Full Employment, American business cycles, unemployment peaks, U.S. recession

U.S. Unemployment drops to 7.8%. excellent news, Obama on right track;Canadian unemployment rises.

haroldchorneyeconomist wrote 8 months ago: The U.S. Bureau of Labour Statistics has released the latest unemployment numbers for September and … more →

Tags: austerity, Canada, classical economics, Full Employment, labour market clearing, Deficit hysteria, US unemployment statistics September 2012, Canadian unemployment September 2012

The fall economic conversation: Hayek versus Keynes, Romney versus Obama, whither the global business cycle ?

haroldchorneyeconomist wrote 9 months ago: Now that relative calm has  returned to Québec after the provincial election we can focus our attent … more →

Tags: Unemployment, Fiscal Policy, U. S., austerity, Business Cycles, free trade and globalization, Treasury view, federal reserve, European debt crisis

Poli 610:Macro-economic theory and policy after Keynes and the crash of 2008

haroldchorneyeconomist wrote 9 months ago: Pol. 610  Macro-economic policy-making after Keynes Concordia University fall, 2012 Prof. H. Chorney … more →

Tags: Unemployment, Fiscal Policy, U. S., J. M. Keynes, austerity, Canada, Business Cycles, free trade and globalization, classical economics

UK growth negative for second quarter 2012:more evidence austerity does not work

haroldchorneyeconomist wrote 10 months ago: The U.K. office of national statistics has released its latest numbers on the declining GDP in Brita … more →

Tags: Unemployment, austerity, Business Cycles, classical economics, Deficit hysteria, U.k. economy

Eurozone unemployment rises to 11.1 %.A major stimulus is required.1 comment

haroldchorneyeconomist wrote 11 months ago: Eurostat has released their latest unemployment data and it is ugly. Unemployment has risen again to … more →

Tags: Unemployment, austerity, Business Cycles, European debt crisis, Deficit hysteria, Greek Sovereign Debt Crisis, Italian debt crisis, European unemployment, France politics+economy

Eurozone allows stabilization fund to inject capital into private banks: Spain, Italy and France win partial victory1 comment

haroldchorneyeconomist wrote 11 months ago: After late night negotiations it has been decided to permit the European stability fund to purchase … more →

Tags: austerity, Quantitative Easing, European debt crisis, Deficit hysteria, Greek Sovereign Debt Crisis, European Financial Stability Fund, European unemployment, France politics+economy, Spain

Supreme Court upholds Obama Care; Europe continues to debate how to rescue economy from bond market blackmail1 comment

haroldchorneyeconomist wrote 11 months ago: The Supreme Court in a 5 to 4 decision with Chief Justice Roberts siding with the majority has uphel … more →

Tags: Unemployment, austerity, Monetary Policy, Quantitative Easing, European debt crisis, Deficit hysteria, Greek Sovereign Debt Crisis, European Financial Stability Fund, Italian debt crisis

Alvin Hansen, the right amount of money, deficit finance and the search for full employment.4 comments

haroldchorneyeconomist wrote 1 year ago: Alvin  Hansen establishes early in his work, Monetary Theory and Fiscal policy that the power to cre … more →

Tags: Fiscal Policy, U. S., austerity, Business Cycles, classical economics, Treasury view, federal reserve, Monetary Policy, Quantitative Easing

Greek talks appear to fail:New elections very likely;anti-austerity a growing movement

haroldchorneyeconomist wrote 1 year ago: According to the latest reports from Greece the talks among the three leading party leaders and the … more →

Tags: Unemployment, austerity, European debt crisis, Deficit hysteria, Greek Sovereign Debt Crisis, Mr.Papandreou and democracy, European unemployment, J. M. Keynes, Greece and the ECB

Mélenchon challenges Le Pen in her Pas de Calais assembly seat; Greece new election very likely

haroldchorneyeconomist wrote 1 year ago: Jean Luc Mélenchon , the left wing anti-austerity candidate for the French presidency has announced … more →

Tags: austerity, European debt crisis, Deficit hysteria, Greek Sovereign Debt Crisis, European unemployment, Greece and the ECB, repeating errors of 1930s, excessive austerity


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