Tags » Keynesian

Informal/ Casual employment

The informal economy is the diversified set of economic activities, enterprises, jobs, and workers that are not regulated or protected by the state. The concept originally applied to self-employment in small unregistered enterprises. 218 more words

Definitions

Tick

One may wish to see the federal bureaucracy in Washington, DC as a giant, blood-sucking tick. Adhered to the east coast, the skin of our nation, like a Sci-Fi alien, it grows and becomes more deeply entrenched, sucking ever more money and power from the rest of the country, fattening itself at the expense of its host. 163 more words

Opinion

Keynesian Economics and the Fallacy of Boosting Growth by Destroying Wealth

Keynesian economics is like Freddie Krueger, constantly reappearing after logical people assumed it was dead. The fact that various stimulus schemes inevitably fail should be the death knell for the theory, which is basically the “ 775 more words

Economics

Why Economic Fallacies Are Taught

You may think that it is out of hubris that I brazenly chide most of what is peddled in public schools and universities as fallacious. Well, economists qua economists are well aware that their services can command greater remuneration behind the aegis of the State or University tenure than on the market. 736 more words

Politics/Economics

UK Brexit Prime Minister's Office: Not Paying $47 Billion In Extortion To Deep State E.U.

MOSCOW (Sputnik) — A source in UK Prime Minister Theresa May’s administration refuted Monday in a media statement earlier reports saying the country was ready to pay up to 40 billion euros ($47.2 billion) for its withdrawal from the European Union. 303 more words

Politics

Egregious Media Dishonesty Overshadows Important Economic Observation

While it’s quite clear that the establishment media leans to the left, I don’t get too agitated about bias. Though every so often I can’t resist the temptation to comment when I come across egregious examples… 568 more words

Economics