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Showing posts with label Keynes. Show all posts
Showing posts with label Keynes. Show all posts
Wednesday, September 8, 2021

My new podcast episode is out

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1 comment:
Sunday, October 25, 2015

Steve Keen — Economists Prove That Capitalism Is Unnecessary

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Actually they’ve done no such thing. But they do effectively assume that it’s unnecessary all the time... Hayek’s main target here were s...
Monday, May 4, 2015

Matias Vernengo — Keynes on Socialism

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Keeper quote. Another good quote in the first comment. Important for understanding the MMT project of resolving the trifecta of growth, empl...
4 comments:
Tuesday, April 7, 2015

Ramanan — Interest Rate, Growth And Debt Sustainability

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John Maynard Keynes’ biggest disservice to the profession is to not start with the open economy. Of course, this is not only due to Keynes...
14 comments:
Thursday, January 29, 2015

Billionaire says Americans have to "set their sights lower"

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Jeff Greene is a guy who displays the typical arrogance of the rich. He's a billionaire speculator who l...
4 comments:
Monday, January 27, 2014

Lars P. Syll — The dilemma of probability theory (wonkish)

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This importantly also means that if you cannot show that data satisfies all the conditions of the probabilistic nomologic...
4 comments:
Sunday, October 27, 2013

Lars P. Syll — Simon Wren-Lewis on rational expectations — so wrong, so wrong

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The real macroeconomic challenge is to accept uncertainty and still try to explain why economic transactions take place – instead of simply...
1 comment:
Wednesday, August 14, 2013

Magpie — Keynes and Hayek: Yin and Yang

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Keynes and the Fabian "social democrats" (as Commenter 2 would have) were indeed elitists. Commenter 2 is right on that. Paul Sam...
Sunday, May 12, 2013

Alan Nasser — The Economics of Over-Ripe Capitalism

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Must-read for creating "the new meme" and the narrative in which it is embedded. And, yes, it is in Keynes. Nothing new to inven...
Wednesday, April 24, 2013

Some debt terrorists won't go quietly

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Everyone knows austerity and the debt fears that drove the doctrine are total junk economics. It's just a matter of time before the wh...
13 comments:
Tuesday, April 23, 2013

Lars P. Syll — The state of modern macroeconomics – indescribable misery

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Lars explains in some detail what is wrong with dominant neoclassical approach to macroeconomics and what needs to be done. It really comes...
Wednesday, March 13, 2013

Andrea Terzi — Olli Rehn and ‘distinguished’ economists

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Andrea Terzi schools European Commissioner for Economic and Monetary Affairs Olli Rehn on saving and the paradox of thrift. Another case of ...
1 comment:
Tuesday, March 5, 2013

Dirk Ehnts — In the long run we are all – what?!

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I welcome the fact that the European institutions start to incorporate Keynes and his ideas into their speeches and policies (see Mr Rehn’s...
Friday, February 22, 2013

Lord Keynes — World GDP versus Total Value of Financial Asset Market Exchanges

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Any economic theory that ignores this type of spending and its sector of the economy (i.e., the secondary financial asset markets) is deepl...
9 comments:
Thursday, January 31, 2013

Bill Mitchell — Keynes and the Classics Parts 8 and 9

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While I usually use Friday’s blog space to provide draft versions of the Modern Monetary Theory textbook that I am writing with my colleagu...

Stephen Ewald — History does rhyme …

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Look after the unemployment, and the Budget will look after itself. — John Maynard Keynes GIGO History does rhyme … Stephen Ewald
Tuesday, January 29, 2013

James K. Galbraith — Keynes, Einstein, and Scientific Revolution

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Following up on yesterday's Galbraith post. The American Prospect (December 19, 2001) Keynes, Einstein, and Scientific Revolution James ...
2 comments:
Thursday, November 22, 2012

"Orthodox" Economics is 80 Years out of Date! And Useless.

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commentary by Roger Erickson Keynes vs. Hayek on BBC Radio 4 John Maynard Keynes and Friedrich Hayek are regarded as two of the twentieth ...
9 comments:
Thursday, July 26, 2012

Steve Keen — The Euro as the SDR of Europe?

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Steve proposes a novel way out of the euro crisis. Read it at Steve Keen's Debtwatch The Euro as the SDR of Europe? Steve Keen
6 comments:
Wednesday, July 25, 2012

Lars Syll — Oh dear, oh dear, Wren-Lewis gets it so wrong – again!

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Axel Leijonhufvud the first “New Keynesian”? No way! This is so wrong, so wrong. Read it at Lars P. Syll's Blog Oh dear, oh dear, Wren...