When reading and reflecting on the history of our economic and financial condition it appears that we get it wrong more often than we get it right. Just as our history is a history of wars with brief interim periods
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Scott Grannis, one of my daily go-to economic bloggers, write in his Calafia Beach Pundit– The Failure of Keynesian pump-priming 6/30/11 Excerpt: Spending is the elephant in the living room, and it needs to be cut back sharply. Government spending doesn’t
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Scott Grannis, one of my daily go-to economic bloggers, write in his Calafia Beach Pundit– Why Can’t We Cut Our Way to Prosperity? Excerpts: He might do well to consider the record of the Clinton administration. As these charts show,
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The government has spent trillions to stimulate the economy. Interest rates are at a record low. Yet American businesses are sitting on top of trillions of dollars of cash, reluctant to spend any of it to grow or hire. Does
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a very clever way to explain modern economics- the second video is a follow up and an explanation of how the video developed.
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From Financial Fiasco by John Norberg “The financial strategist George Cooper, who wants to rehabilitate a Keynesian analysis of the financial market, sees similarities between interventionist economist John Maynard Keynes’s desire to stimulate demand in times of crisis and the
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