Word: keynesism
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
The Confidence Game As director of the Office of Management and Budget, Peter Orszag is a card-carrying numbers guy. But lately Orszag has been reading up on that aspect of the economy ungoverned by numbers: the realm of groundswell and mojo - our "animal spirits," in the vivid words of...
There are good reasons for the Administration to focus on the banks. The first is clarity. In recent days, the President has highlighted his long-term plans for education, energy independence and health care - all of which, he argues, are essential to the long-range vitality of the U.S. economy...
President Barack Obama often induces comparison to Abraham Lincoln. However, his recent announcement of a budget schedule that slices the deficit by one-half aligns him with a less celebrated commander-in-chief: Herbert Hoover. Hoover, the man whose infamous attempt to balance the budget in the face of skyrocketing...
Is it possible to cultivate genius? Could we somehow structure our educational and social life to produce more Einsteins and Mozarts - or, more urgently these days, another Adam Smith or John Maynard Keynes?
This is what some economists call the paradox of thrift. The notion is generally credited to Englishman John Maynard Keynes--seemingly the source of every important economic idea these days--although he doesn't appear to have actually used the phrase. Paul McCulley, an economist and portfolio manager at bond...