Former Norman B. Ture Senior Fellow in the Economics of Fiscal Policy J.D. served as the Norman B. Ture Senior Fellow in Economics of Fiscal Policy The global economy is in a deep, synchronized ...
Keynesian economists believe that government deficit spending can increase economic activity and help an economy recover from a recession. Classical economists dispute this, focusing their attention ...
As we all continue to grumble, fight and shout about raising the minimum wage to $15 an hour or not a very clever point made by Bryan Caplan some time ago. If you really are a Keynesian then you must ...
The Keynesian view that the government can fine tune the economy through “appropriate” fiscal and monetary policies to maintain continuous growth at or near full employment is based on the idea that ...
Last August I asked a question: "What if Keynesian stimulus works, but no one can ever actually afford to do it, short of something like World War II, where the government can tap into a patriotic ...
Last week, the Congressional Budget Office released a report claiming that the $814 billion "stimulus" has added 3.4 million net jobs. This surely comes as a surprise to the 3.5 million Americans who ...
Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...
The Keynesian policy of trying to increase total i.e. “aggregate” demand – either by having government spend, or by cutting taxes just to leave more money in people’s pockets in hopes that they’ll ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...
Airbnb could outperform in market recovery, driven by flexible offerings and growth potential. Click here to find out why ...
How do people choose to vote for someone in a presidential primary? While one of the most traditional criteria is ideological similarity, there is something even more fundamental: electability. While ...
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