Jesse's Café Américain: Keynesianism

“I know there is a God — I see the storm coming and I see His hand in it — If He has a place for me then I am ready.”

John F. Kennedy, scrawled on a prayer breakfast program, NYT, May 15, 1964

Showing posts with label Keynesianism. Show all posts

08 October 2011

Modern Economics: The Money Masters and Modern Economic Theory - Credibility Trap

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Yesterday it was Yves Smith who took Paul Krugman to task. And I defended him in that instance in the comments. But now alas it's my t...

24 November 2009

The Last Bubble

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The purpose of monetary and fiscal stimulus in economics is similar to the use of anesthesia and antiseptics during an important surgical pr...

04 June 2009

The Stock Market in Context with the Great Crash of 1929 - 1932

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The US Stock Market Crash of 2007 - 2010 expressed in percent decline from the market top in October 2007. A trading day by trading day comp...

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