Keynes

Shrinking Deficit

by on May 15, 2013

We have been bombarded for the past few years by an endless stream of analyses, diatribes, and invectives about the horrors associated with the Federal [more…]

What Is US Federal Debt Worth?

by on May 14, 2013

Dean Baker raises a fun point albeit to disparage the much deserving Reinhart-Rogoff 90% analysis. His point is that there is a difference between the [more…]

Down The Fiscal Rabbit Hole

by on November 14, 2012

A few quick things on the current hyperventilation regarding the so-called 'fiscal cliff'.

It isn't a cliff.

Not at all. It is a roll out [more…]

They’re All Keynesians!

by on October 29, 2012

Really.

Yes, it has been a long day waiting for this interminable storm to pass through. So I have been wandering about the internet catching [more…]

What Inflation?

by on October 12, 2012

I'd be remiss if I didn't pass along today's news on inflation. There isn't any. Nada.

Well that's the story at the wholesale level where [more…]

Weekend October 12, 2012

by on October 12, 2012

What a strange week.

The paucity of hard economic news was punctuated by a quite remarkable mea culpa issued by the International Monetary Fund. Or [more…]