Keynes

Economist Rap Battle: Keynes v. Hayek (Video)

Dueling economic theories have never been more entertaining. Here’s the premise of this rap battle according to this video’s producers: In Fear the Boom and Bust, John Maynard Keynes and F.A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before

Dismal Times For The Dismal Science

As George Soros announced a $50m campaign to fund efforts to squash free market zealotry among market participants and politicians, Robert Johnson, the former Soros Fund Management managing director he’s chosen to head the effort had this to say: “The Keynesians were romantic about the possibilities of governments. The free-marketers were romantic about the possibilities

Dismal Times For The Dismal Science

As George Soros announced a $50m campaign to fund efforts to squash free market zealotry among market participants and politicians, Robert Johnson, the former Soros Fund Management managing director he’s chosen to head the effort had this to say: “The Keynesians were romantic about the possibilities of governments. The free-marketers were romantic about the possibilities

Crescenzi: TARP, Other Bailout Measures SHOULD Work

Tony Crescenzi, chief bond strategist and Miller Tabak just posted a piece on CNBC about how, despite the ballooning Debt/GDP ratio that results from aggressive economic recovery measures, it might actually work out in the end because while we issue more and more debt to get out our our problems, the US remains a dominant