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    • Keynesianism

    Podcast: Keynes vs. Hayek

    November 2, 2011 at 2:15 pm

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    Make sure to listen to a recent radio interview with Nicholas Wapshott, author of the new book, “Keynes Hayek: The Clash That Defined Modern Economics.” What was the relationship between Keynes and Hayek really like? Why did Keynesian thought dominate from WWII until 1980? Why did Hayekian thought dominate from 1980 … More

    Hoover, FDR and Clinton Tax Increases: A Brief Historical Lesson

    October 20, 2010 at 2:00 pm

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    The obvious reason to prevent a tax hike by extending current tax rates is that doing so will prevent further economic harm to an already flat economy. How do we know that tax increases will cause economic harm? Three examples: 1932, 1937 and 1993. After the 1929 stock market crash, … More

    On Stimulus, Krugman Feints, Mankiw Parries, Both Miss

    July 8, 2010 at 5:29 pm

    2 Comments

    It often happens that flawed theories put into practice expose their internal inconsistencies for all to see before long. We now see this playing out in the case of Keynesian stimulus and the U.S. economy, and the stimulus defenders are at a loss. By any measure, the Keynesian debt-based stimulus … More

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    The Morning Bell
    Immigration Reform Should Strengthen, Not Cost, America

    Lawful immigration can bring important economic and cultural benefits both to the United States and to the immigrants. Americans rightly live and celebrate the values of America, including limited government, personal liberty, and free enterprise, and beckon others to join us. We are united by belief in our founding documents … More

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