Tagged: Keynes

2010-07-27 :: madlibertarianguy // Dumbassery + Economy + Legislation + SCOTUS + Stimulus
Evidence Cast Aside

N. Gregory Mankiw, a Harvard economist, in a piece titled “Crisis Economics” at National Affairs concerning the reliance on Keneysian economic theories by the Obama administration while administering economic stimulus (and its current insistence on yet more stimulus cash being thrown in to the economy): The administration’s second assumption, meanwhile, is a matter of academic […]

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2010-07-27 :: madlibertarianguy // Dumbassery + Economy + POTUS
Unheeded Advice

For those who might argue that President Obama isn’t a progressive ideologue. The Wall Street Journal: Economists who say Mr. Obama should have relied more on tax cuts cite research of an unlikely source: Ms. Romer, his adviser. In a study she and her husband, David Romer, conducted before she joined the administration, Ms. Romer […]

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