Tag: Keynes
Bill for the Unborn: $20,000 (FY 2011)

Back in February 2008, I satirized George W. Bush’s $150 billion stimulus checks in “The Power of Numbers: Simplify! Simplify! I broke down the costs of Big Government for a family of four and showed how pitifully small $150 billion was in comparison to the $5 trillion then spent by local, state and federal governments....
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The MSM Rediscovers the Classics

The rediscovery of Keynes is one of the official storylines of the financial crisis and global recession. The problem is that Keynes was, in my judgment, a charlatan, a clever man obsessed with his own cleverness who never paid serious, thoughtful attention to economics (or any subject). You have to learn a little about...
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Robert Higgs on War, Taxes and Economic Crises

With Barack Obama’s delusional belief in massive expansions in government spending and power as a means to overcome the economic recession and create human welfare, Senior Fellow Robert Higgs‘s discussion on war, taxes and economic crises could not be more timely and instructive. Dr. Higgs is the author of the award-winning Institute book Depression,...
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The Waterloo of Keynesianism (Military and Domestic)

Note: In part, this post is an answer to a query by Mark Hatlie. This following is an excerpt of a post at the blog of Historians Against the War. Comments are welcome: While it is perilous for any historian to predict the future, we may well be headed for the Waterloo of Keynesianism...
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Oh, Joyful, Joyful Coronation Day

I was awakened this morning by bright sunlight that penetrated the shade on my bedroom window. A bright, sunny winter day is not an unusual occurrence in southeast Louisiana, where I live, but today’s brightness and sunniness were the brightest and sunniest I have ever seen. Something has changed. I went out to tend the...
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