‘Fight of the Century.’

    (Via Instapundit [and @Aaron_RS]) EconStories has another one of their extremely good Keynes v. Hayek videos up: My only issue with this series is that it’s fairly obvious that the creators are fundamentally on Hayek’s side… and while they do (I think) a credible job of being fair to Keynes it would be helpful for the economic debate if there was somebody who was ready | Read More »

    We are all Keynesians now, if you define ‘all’ as ‘< 12%.’

    But no doubt the administration just needs to explain the situation better to the American people. No doubt. While influential 20th Century economist John Maynard Keynes would say it’s best to increase deficit spending in tough economic times, only 11% of American adults agree and think the nation needs to increase its deficit spending at this time. A new Rasmussen Reports national telephone survey finds | Read More »