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Keynesian economics News

Op-Ed: Toronto's ice storm shows failure of Keynesian economics

Toronto - During the Christmas holiday, tens of thousands of Canadians and Americans, predominantly Torontonians, were out of power because of the devastating ice storm that took place Dec. 21 and Dec. 22.

1998 Paul Krugman article predicted Internet slowdown by 2005

New York - Keynesian economist Paul Krugman wrote an article in 1998 that predicted that the Internet would experience a significant slowdown and the revolutionary global system wouldn't have much of an economic effect on our lives.

Will Paul Krugman debate an Austrian economist for charity?

New York - Will Keynesian economist Paul Krugman debate Austrian economist Robert Murphy for charity? Murphy challenged the Nobel-winning economist to a debate in which all proceeds will go to a feed hungry New Yorkers.

George Will, Mary Matalin attack Paul Krugman on ABC Sunday panel

New York - Does anyone like Paul Krugman? Speaking with conservatives George Will and Mary Matalin on ABC's "This Week," it appeared that his fellow pundits are starting to become frustrated with Krugman and his economic viewpoints.

Op-Ed: Sorry, Keynesians, Hurricane Sandy is not great for the economy

New York - Is a disaster as catastrophic as Hurricane Sandy actually beneficial to the economy and a nation's populace? Keynesian economists like to suggest such nonsense, but the notions have already been refuted by the likes of Frederic Bastiat.

Majority of Americans reject Keynesian economics

A recent survey suggests that only a small amount of Americans agree with Keynesian economics, which supports government increasing deficits during tough economic times, while more than half believe Keynes had it backwards.

Op-Ed: Common sense is not so common

For most of my academic days, I was told that marijuana prohibition is good, an interventionist foreign policy protects the country and helps those who can't help themselves and that government intervention in anything is great. Really?

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