Category Archives: Keynesian economics

Fair Play Benefits All of Us

The Popular Economics Weekly The idea of fair play may be the key issue in 2012—both with the Presidential campaign and economic growth. How so? Both political parties are jockeying to portray their message as fair—Democrats want to restore the … Continue reading

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Smart Government Creates Better Growth

Financial FAQs It is smart government that creates better economic growth, not smaller government, per se.  Smart government means effective government that finances and regulates what the private sector can’t or won’t.  So that doesn’t mean downsizing government for its … Continue reading

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Government Has to Work—or Else

Financial FAQs We can no longer afford to listen to those conservatives who believe government is the problem, since there is no viable recovery from the worst recession since the Great Depression without government investment in sectors that will grow … Continue reading

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What Decline of Western Civilization?

Financial FAQs It’s hard to know whether Harvard Historian Niall Ferguson means what he says in his new book, “Civilization: The West and the Rest”; that the Western World’s 500 years of predominance are over, thanks to growing debt problems … Continue reading

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Dear Supercommittee: “It’s Consumer Spending, Stupid!”

Financial FAQs “With only about a month remaining before its recommendations are due, lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestled with cuts to defense, foreign aid and other programs on Wednesday”, said Bloomberg … Continue reading

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Our Psychological Depression

Popular Economics Weekly The plunging financial markets are telling us something depression, but it is more about crowd psychology, than actual events. Americans are very depressed about their financial prospects. Duh, says Paul Krugman, given the congressional deadlock. So why … Continue reading

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The Japanese Lessons

Popular Economics Weekly The Japanese twin disasters—an earthquake plus Tsunami—have highlighted both why Japan’s economy has basically sputtered since its real estate and stock bubbles burst in 1989-91, and why ours is taking so long to recover—we were not prepared … Continue reading

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Redistributing Great Wealth (is) The Path to Recovery

Popular Economics Weekly We are in the deepest economic malaise since the Great Depression. And there is a good reason for it. We also have the greatest maldistribution of wealth since 1928. Researchers are finding that the two—the greatest inequality … Continue reading

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Is Pent-up Demand Growing?

Financial FAQs We are now hearing that pent up demand is growing as the economic recovery takes its time. What is it, and what would it mean for an earlier recovery? Fed Chairman Bernanke mentioned that ‘demand’ could grow in … Continue reading

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Jobs, Jobs, and more Jobs Needed

Financial FAQs Three new Federal Reserve Governors are up for confirmation that would fill out the Federal Reserve Board of Governors for the first time in years. And what are they saying? Surprise, surprise: “Fed Nominees Stress Job Creation,” was … Continue reading

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