An Autopsy for the Keynesians

We were warned that the 2013 sequester meant a recession. Instead, unemployment came down faster than expected. Growth seems finally to be returning. The tide also changed in economic ideas. The brief resurgence of traditional Keynesian ideas is washing away from the world of economic policy. By John H. Cochrane | www.wsj.com | Dec. 21, 2014 […]

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The Truth about Savings and Consumption

We regularly hear how important consumer spending is for the economy. The story goes like this: the more consumers spend, the more money circulates in the economy, which stimulates healthy job growth and profits. If people could be encouraged to go out and spend a little more of their paychecks, we’d all be better off. […]

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Ideas for Economic Growth

Shifting the wealth from one person to another is not necessarily going to add to the total GDP, but making new discoveries and innovations has great potential to grow the economy as a whole and provide new economic opportunities for many. Steve Forbes’s review of George Gilder’s new book, Knowledge and Power, offers some interesting […]

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