#Keynesianism

Stephanie Kelton

StephanieKelton

If MMTers were just doing standard Keynesian macro, then we would not have arrived at completely different conclusions (from mainstream Keynesians) re: the Bush tax cuts, the Clinton surpluses, the

Covidian Interregnum

atgraham

We can't perform a true repeatable experiment, running it twice and only changing NPI variables. However, we have perhaps what is the next best thing: 50 experiments all running at

Volceltaire II

Volcel2020

I took Econ 101 and 202 and 303 up to 505. The economy is fake. But it’s very easy to fix! Keynes invented the perfect method in 1936: governments spend

Benjamin Wolf

benbawan

“What the fuck happened in 1971?” Well, we all know correlation is not causation – and there are many potential causes: deregulation, the oil shocks, the end of Keynesianism, China

Pitchfork Cosmonaut

pitchforkcosmo

A good way to understand social democracy (left liberalism/Butskellism/welfare capitalism/Keynesianism/reformism – also often disguises itself as ‘democratic socialism’) is through the Fabian Society, which has always been a dominant

Allan Green

Tank9999

While Paul Keating is trending it's a good time to have the convesation about what Ideology Australia should go forward withKeating & Hawke used an Aussie version of NeoLiberalism with

Alex Usher

AlexUsherHESA

1/ I want to test a take here, and hopefully those better-informed among you can challenge me on it if it is wrong. It's about how Canadians and their governments

Pavlina R Tcherneva

ptcherneva

Quick comments:Postwar "Keynesianism" prioritized govt support for private industry & dropped the direct govt employment efforts after the New Deal/WWII. This was a mistake. No direct job creation featured here

Per Bylund

PerBylund

This is the type of nonsense we get with the blind adherence to the consumption-spending fallacy ("Keynesianism"): "remote workers are 'contributing less to the infrastructure of the economy whilst still

The Rude Pundit

rudepundit

JFC, I came across this Ross Douthat column from November 13, 2016. It's titled, no shit, "He Made America Feel Great Again," and it's a speculative piece about how wildly

Blogger Me

BloggerMe3

A snippet from @abc730 @AlanKohler's #economiccrisisAK: But of course there's no bigger debt ATM than govt debt. The federal govt started the crisis with more than $570billion of debt AK:

Matt Waters

mattwwaters

I was mainstream Republican in 2008. My first econ blog was Greg Mankiw's.But there was a comment of mine on Marginal Revolution in 2008. I asked, basically, if we need

Ferdinando Giugliano

FerdiGiugliano

Mario Draghi is speaking in Rimini today. It is his first meaningful speech since he left the presidency of the European Central Bank. Here are a few highlights from his

Erik Loomis

ErikLoomis

This Day in Labor History: December 14, 1945. The House passed what would become the Employment Act of 1946 once Harry Truman signed it. Let's talk about this watered down

Capel Lofft

CapelLofft

Problem is Liz that it would disproportionately put money into the pockets of people who are already relatively affluent and thus have a lower marginal propensity to consume. Bad class

Max Berger

maxberger

My prediction: the Biden era will be the inverse of Obama era. Obama was seen as a progressive in the last phase of the Reagan-Clinton era. Biden is a moderate

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