Tag Archives: Great Depression

It’s Basic Economics, Stupid!

Posted on June 10, 2011 by Popular Economics Weekly

Popular Economics Weekly What was the reason for Fed Chairman Bernanke’s almost pathetic plea to understand real world economics, in his latest speech at the Atlanta IMF Conference? He said in essence that the Fed is caught between worries about … Continue reading →

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Beware of Extraordinary Times

Posted on August 24, 2010 by Popular Economics Weekly

Popular Economics Weekly Yes, Beware of Extraordinary Times is a much used saying these days.  It also applies to the extraordinary polarization of ideas in the economics profession at present. This is an election year, of course, which has distorted … Continue reading →

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The Great Stimulus Debate

Posted on June 7, 2010 by Popular Economics Weekly

Financial FAQs It is called the Great Debate, because it began during the Great Depression. Should government stimulus be used to bring an economy out of recession-depression? Or, should private business play it out, and the weakest fall while the … Continue reading →

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The Debt Fallacy

Posted on June 7, 2010 by Popular Economics Weekly

Financial FAQs The European debt crisis has re-triggered the debate over budget deficits, and even whether Europe’s problems could trigger a ‘double-dip’ return to recession in our own economy. The contention is that Europe will be burdened with debt for … Continue reading →

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Inequality and Recessions

Posted on May 15, 2010 by Popular Economics Weekly

Has greater income equality in the United States since the 1970s, as documented by Thomas Piketty and Emmanuel Saez; (Feb. 2003 Quarterly Journal of Economics), led to greater financial instability of the financial markets, and perhaps precipitated the ‘Great Recession’ … Continue reading →

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