Posts Tagged ‘John Maynard Keynes’

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    A Contagious Disease

    May 6, 10 • 119 Views • Economic Thinkers, Financial Markets, GovernmentNo Comments

    Seeing the Bloomberg Businessweek headline, “Greek Contagion Spurs Surge in Portugal, Spanish Debt Swaps,” I started thinking about diagnosing fiscal illness, treating it, and contagion. How can we diagnose the illness? The illness...

  • Deficit D

    Feb 20, 10 • 82 Views • Thinking EconomicallyNo Comments

    2010Facing a $1.6 trillion deficit, President Obama creates the National Commission on Fiscal Responsibility and Reform. 1993:Facing a $260 billion deficit, President Clinton appoints a Bipartisan Commission on Entitlement and Tax Reform.The...

  • Are We All Keynesians?

    Dec 15, 09 • 116 Views • Thinking EconomicallyNo Comments

    According to the Yardeni newsletter, in 1965, A Time Magazine cover story was titled, “The Economy, We Are All Keynesians Now”. Even Milton Friedman was quoted as saying, “We are all Keynesians now.” (which he later corrected as having...