With both France and Greece deciding to jump out of the left-wing frying pan into the even-more-left-wing fire, European fiscal policy has become quite a controversial topic. But I find this debate an… more →
International Libertywrote 17 hours ago: In the absence of any definitive figures, I’m going to cave in and do what I always criticise … more →
wrote 17 hours ago: From the New York Times: “The boom, not the slump, is the right time for austerity.” So declared Joh … more →
wrote 18 hours ago: The April data on Italian unemployment are out, and they look no good. Not at all. The overall rate … more →
wrote 1 day ago: Robert Wright of Atlantic Monthly asks a simple question, “Do Obama’s Drone Strikes Impe … more →
wrote 1 day ago: In a meeting recently I was asked if I was a Keynesian and much to my surprise i said ‘no … more →
wrote 1 day ago: I thought I’d offer a brief note on Scott Sumner’s latest offering to the field of econo … more →
wrote 2 days ago: According to the Washington Post today: President Obama on Wednesday reauthorized the Export-Import … more →
wrote 2 days ago: Creating money and giving it to certain interest groups makes some firms richer, and the rest of us … more →
wrote 2 days ago: When conservatives make statements like “But the facts undermine the storyline,” you have to wonder: … more →
wrote 3 days ago: The source for the anger about our income inequality problem isn’t, as most republicans would … more →
wrote 5 days ago: Democracy is the worst system, apart from all the others. At the last UK general election, there was … more →
wrote 5 days ago: This week we went back to basics with a discussion of the ideas of French economist Frederic Bastiat … more →
wrote 1 week ago: Mitt now acknowledges that we can’t cut spending immediately without killing our fragile recov … more →
wrote 1 week ago: If one follows the financial media on a daily basis as I do there is ample room to get both depresse … more →
wrote 1 week ago: The Globe and Mail: What austerity? Europe’s borrow-and-spend train rolls on The Weekly Standard: Th … more →
wrote 1 week ago: Raghuram Rajan tries to explain that “Sensible Keynesians see no easy way out.” Who is h … more →
wrote 1 week ago: Pedro el Communist: Wait, what? First of all, I feel like your mixing two bowls of the wrong stuff. … more →
wrote 1 week ago: “I found myself the only non-Keynesian there,” remarked John Maynard Keynes following a meeting with … more →
wrote 1 week ago: When Ludwig Wittgenstein returned to Cambridge University in 1929 John Maynard Keynes declared, … more →