In Greek mythology, the prophetess Cassandra was doomed both to tell the truth and to be ignored. Our modern version is a bankrupt Greece that we seem to discount...Washington, please take heed...
Alan Blinder and I are frequently on different sides of economic debates, especially when it comes to the effects of monetary and fiscal policy and the impact of short-term discretionary actions...
From where I was watching, the live Web feed of California Gov. Jerry Brown’s State of the State Address froze at the 14-minute mark...the frozen image of Brown on my computer screen said two things about this state of my state’s governor...
Noel Vietmeyer’s excellent, meticulously researched biography of Norman Borlaug, the plant breeder known as the Father of the Green Revolution, Our Daily Bread, portrays sympathetically one of the great figures of the 20th Century...
with Russ Robertsvia Exchange (New Hampshire Public Radio)
Wednesday, January 18, 2012
We explore the economic philosophy of John Maynard Keynes. His ideas of government spending “priming the pump” during bad times have been applied by American leaders from FDR to Obama. But Keynsian theory continue to spark fierce debate...