Tag Archives: Keynesianism

Consumerman


Last night my wife and I were watching TV and I was scrolling through the on-screen guide, reading some of the movie titles. At one point I said “Superman 3″. She misheard me, and thus a few seconds later was … Continue reading

Posted in Krugman!, Refuting Keynesians, Things my wife does | Tagged , , , | Leave a comment

New Jersey Senate Voting To Increase Unemployment


I realize this could become a full-time job, but I feel compelled to correct instances of Newspeak when I see them. The New Jersey Senate is voting today on whether to raise the minimum wage or not. In response to … Continue reading

Posted in Government overreach, Libertarianism, Newspeak, Protectionism | Tagged , | Leave a comment

Fareed Zakaria: Shutup and Go Read Rothbard


As I predicted, Fareed Zakaria is back at CNN, after only a few day suspension for plagiarism back in August, spouting Keynesian nonsense. In this video he talks about “hidden subsidies in the tax code”, then references David Wessel’s book … Continue reading

Posted in I Do Not Think That Word Means What You Think It Means, Refuting Keynesians, Taxes | Tagged | Leave a comment

Keynesian Aggregates


I had to repost this zinger from William Anderson’s Krugman-in-Wonderland blog. Full post here. (Krugman is a Keynesian, and Keynesians really don’t worry about price controls since everyone knows that prices really don’t matter, except when they can be put … Continue reading

Posted in Krugman!, Refuting Keynesians | Tagged , | Leave a comment

Matthew Yglesias Needs To Start Reading Rothbard


Slate contributor Matthew Yglesias opines that “Ben Bernanke Needs To Stop Hanging Out With Pro Athletes”, a reference to Bernanke visiting the Washington Nationals and Jason Werth trying to talk to him about QE3. It’s a sneaky way to get … Continue reading

Posted in Austrian Economics, Refuting Keynesians | Tagged , , | Leave a comment

Update: Krugman the Banking Historian


Update: Mark Thornton, Joe Salerno, and Peter Klein take down Krugman here, here, and here, much better than I did. On Sunday in Paul Krugman’s blogs he references a blog post by Brad DeLong about Paul Ryan’s response to QE3 … Continue reading

Posted in Austrian Economics, Krugman!, Refuting Keynesians | Tagged , , , | Leave a comment