Posts tagged as:

Supply-Side Economics

Reagan’s Birthday

February 6, 2010

Ronald Reagan (February 6, 1911 — June 5, 2004) would have turned 99 today.  As a rallying point to both Conservatives and Republicans, Reagan’s legacy continues to grow as the years go by.  Many historians have had to move on from their original “amiable dunce” interpretation of Reagan to grudgingly admit or contemplate the importance [...]

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Friedman, Greed, and Economic Stimulus

February 9, 2009

Milton Friedman (1912-2006) was one of the great Conservative economists of the 20th century, who saw the New Deal, the Stagflation of the seventies, and the vindication of his economic theories in the 1980s and beyond.  Originally a Keynesian New-Deal proponent, he realized after much study that Keynesian economics was dead-wrong, and proposed many of [...]

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Economists Take On Obama

January 29, 2009

Obama recently has been acting if his economic stimulus ideas are universally accepted.  Indeed, he recently argued: There is no disagreement that we need action by our government, a recovery plan that will help to jump-start the economy. Indeed?  Well, a group of over 200 economists, including Nobel laureates, have written a letter to Obama [...]

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Keynesian Skepticism

January 15, 2009

Economist N. Gregory Manikiw, a Professor of Economics at Harvard and former advisor to the Bush administration, has a piece at the New York Times today about the economic multiplier effect first posited by Keynes and popularized Paul Samuelson, author of early Economic textbooks.  In the piece, Manikiw examines the gap between the relative effectiveness [...]

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Debunking Keynesian Economics

December 17, 2008

As the Economic Crisis remains the main issue of the day, talk in Washington continues to revolve around a Keynesian stimulus as an attempt to “revive” the economy.  Dan Mitchell, of the Cato institute, has produced a YouTube video which clearly and concisely explains why Keynesian economics does not work. The Obama plan is nothing [...]

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