Tag Archives: Keynsian

The Great Debate©: Who Saw it Coming?

Posted on 1 July 2012 by John Lounsbury

by John Lounsbury This edition of The Great Debate© is prompted by an essay from Brad DeLong today (30 June 2012) and a rebuttal from Steve Keen.  Before we present those two protagonists we will return to a paper published … Continue reading →

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Stumbling Blocks to Spending Our Way to Prosperity

Posted on 8 May 2012 by admin

by Guest Author Edmund Phelps Editor’s note: These are Prof. Phelp’s opening remarks for the Keynes vs. Hayek debate produced by Reuters, 8 November 2011 at Columbia University.  James K. Galbraith led the Keynes team.  His opening remarks have been … Continue reading →

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It’s Time for a New Measure of Economic Growth

Posted on 28 August 2011 by admin

Gross domestic product (GDP) is the most commonly used measure of economic growth. But GDP isn’t just inaccurate and misleading – it’s the contrivance of Keynesian economists seeking to push their own, big-government agenda. That’s right. GDP is a financial ruse – the biggest of the past half-century. Continue reading →

Posted in GDP | Tagged , , , , , | 5 Comments