Three questions for discussion: Keynesian economics.

By: Moe Lane (Diary)  |  October 18th at 09:14 AM  | 

In order: Did events of the last three years prove, once and for all, that Keynesian economics simply do not work? Did events of the last three years instead prove, once and for all, that it is futile to expect politicians to enact a truly Keynesian economic policy? Is there any kind of practical difference between 1. and 2.? Discuss. Moe Lane (crosspost) PS: What?  | Read More »

Paragraph of the Day, post-Christmas hangover edition.

By: Moe Lane (Diary)  |  December 27th at 07:45 AM  | 

Although I suspect that the majority of the people reading this didn’t go as overboard this year on Christmas as they have in the past.  Anyway, Samizdata (via Ed Driscoll, in reaction to what was an atypically dumb UK Times article): It may seem a Scrooge-like message for this time of year to point out that you cannot spend money that you don’t have; businesses | Read More »