7Vote!
Wall Street Pit (Free subscription) | 11/30/2009
When in doubt, increase taxes. Further taxing of the financial industry seems like an appropriate policy given the bailouts provided over the last few years. Screw Wall Street, right? Yeah, hit them harder!! They deserve it. While I understand and appreciate the current rage directed at the...
+Vote!
Conservatives Anonymous (Free subscription) | yesterday
... to argue for the validity of the Laffer curve in all it's glory; indeed I think Arthur Laffer and John Maynard Keynes were the two most destructive economists of the Twentieth Century for they preached that people could have something for nothing. In limited circumstances and in the hands of people who understood the doctrine and the math this was correct, but in the hands of simpletons...
5Vote!
The Economic Populist (Free subscription) | 12/01/2009
Bloomberg is reporting a Tobin Tax is gaining momentum. John Maynard Keynes proposed a tax on financial transactions in the middle of the Great Depression, and another economist, James Tobin, revived the idea in the 1970s as a way to counter currency market speculation. Neither effort gained much acceptance. Now, a growing number of economists and politicians argue that it’s time...
3Vote!
LATICONOMICS (Free subscription) | 11/30/2009
Taxing Wall Street Today Wins Support for Keynes Idea (Update1) By Yalman Onaran Nov. 30 (Bloomberg) -- John Maynard Keynes proposed a tax on financial transactions in the middle of the Great Depression, and another economist, James Tobin , revived the idea in the 1970s as a way to counter currency market speculation. Neither effort gained much acceptance. Now, a growing number of economists...
5Vote!
Mickey's Musings (Free subscription) | 11/29/2009
While Milton Friedman and John Maynard Keynes are perhaps the two most influential economists of the 20th century, another little-known economist rivals their influence. This week the Wall Street Journal profiled Arthur Pigou, the economist who wrote about governmental responses to market failures: Today Mr. Pigou's intellectual legacy is being rediscovered, and, unlike those of Messrs....
3Vote!
caligula's gallimaufry (Free subscription) | 11/29/2009
... tied to its ability to remain the predominant global military power. Here's why. The disciples of John Maynard Keynes argue that increasing the federal debt by roughly a third was necessary to avoid Depression 2.0. Well, maybe, though some would say the benefits of fiscal stimulus have been oversold and that the magic multiplier (which is supposed to transform $1 of government spending...
3Vote!
Carbon-Based (Free subscription) | 11/26/2009
... items at the top of any government shopping list. I have no argument with that, and I don't think John Maynard Keynes would either. It is just the sort of spending he had in mind when he exhorted governments to throw money at recessions, racking up deficits on their way if they had to, in order to get the economy growing again. Actually, it's just the sort of thing that many governments...
3Vote!
The Guardian (Free subscription) | 11/26/2009
... items at the top of any government shopping list. I have no argument with that, and I don't think John Maynard Keynes would either. It is just the sort of spending he had in mind when he exhorted governments to throw money at recessions, racking up deficits on their way if they had to, in order to get the economy growing again. Actually, it's just the sort of thing that many governments...