Celebrating humanity's flourishing through the spread of capitalism and the rule of law
22 Sep 2018 2 Comments
in budget deficits, business cycles, economic growth, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, Public Choice Tags: Keynesian macroeconomics
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Sep 22, 2018 @ 17:37:00
is this man serious?
When have we ever go to the zero lower bound in interest rates.
This was the first time Keynesian economics was applicable in a downturn
most countries adopting stimulus got their economies working.
Every country adopting classical economics got for themselves a depression
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Sep 22, 2018 @ 17:38:09
I will blog his criticism of zero bond based on its inability to account for seasonal differences in demand.
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