Tag Archives: Keynesian

If Macro-Economics Is So Great, Why Don’t We Prosper?

Recently the WSJ editorial page had a letter to the editor from a devoted reader in La Jolla, California.  He asked a pointed question, you know the type, the dangerous inquiry that excoriates the philosophical foundation of Keynesian thought. The … Continue reading

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Korean Wisdom: Central Bank & Strong Won

Central Banks throughout the world are devaluing to adjust the intrinsic demands that come with current account payments.  With capital outflows hemorrhaging most Central Banks have used various legal instruments to contain unsustainable hemorrhaging. Except for Seoul, South Korea. Why … Continue reading

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A Plurality of Monetary Regimes

Brace yourself to absorb an onslaught chiefly derived from dubious assumptions about the exalted social, political claims of monetary policy, specifically the single most significant political, cultural achievement since the American Founding:  a defunct Keynesian empire and the resurgence of … Continue reading

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Dow Jones Hit’s the Ceiling During Sequestration: How To View A Rising Market During Budget Cuts

The Keynesians at team Obama are good Socialists to believe that any cuts in govmint outlays would damage growth.  The logic here is simple:  growth in govmint = GROWTH. Philosophically, this isn’t difficult to understand, for the Keynesians come from … Continue reading

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The Monetary Roots Of Currency Fluctuations

Recently the U.S. Secretary of Treasury Timothy Geithner began an offensive campaign against China in addressing both trade imbalances and currency fluctuations.  Given how the rest of Asia gladly accepted such an erroneous political play speaks volumes to the xenophobia … Continue reading

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U.S. Congress Outsources Responsibilities To Federal Reserve

Only two scholars worthy of mention have the temerity to speak their minds regarding a the deadly relation between a wimpish Congress and an arrogant Federal Reserve.  Dr. Allan Meltzer of the American Enterprise Institute and David Malpass, the former … Continue reading

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The Wizard’s Of A Lost Federal Reserve & The Perils Of Macroeconomic Specialization

For Barney Kilgore & Robert Bartley!  Deeply missed and beloved. The recent acclaim that the Federal Reserve is out of ammunition meets public sentiment of a failed Presidency to generate a milieu that is downright UNAMERICAN!  The clarion call to … Continue reading

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