I have been planning to run a blog on political-economic (and possibly Post-Soviet) issues since at least one year, but could not get round to it until today. 511 more words
Tags » Keynesian
September 15th 2008, 1:45 am, Lehman Brothers, once one of the leading private banking companies is officially bankrupt. For many, this act the exact moment everything went wrong and the West entered the now well-known Global Financial crisis of the late 2000’s. 1,542 more words
The headline of this post might not be completely honest. Indeed, if you asked me to grade the accuracy of my title, I’ll admit right away that it falls into the “ 332 more words
It’s sometimes difficult to make fun of Keynesian economics. But this isn’t because Keynesian theory is airtight.
It’s easy, after all, to mock a school of thought that is predicated on the notion that you can make yourself richer by taking money from your right pocket and putting it in your left pocket. 433 more words