Krugman is a complete fool. Some of his books and writing are historically incorrect and completely politically driven. I don't trust his word on...
It gets complicated on the conservative side of things.. Marginalism is used in Neoclassical. Austrians reject a lot of Neoclassical beliefs. Carl...
My Professor is a huge post-keynesian. Im an economics minor and I am currently in a class called Economic School of Thought. We are covering...
Yes deflation is bad for the credit market. However the credit market has been screwing us over for years now. People need to quit falling into...
No piezone unfortunately most of what I said was true. There were few instances of mild inflation however mild deflation spanned a nice 150.
a contraction in the volume of available money or credit that results in a general decline in prices --MW Basically, prices drop every year....
History supports deflation actually. For 150 years the United States was thriving off of deflation up until 1913. Guess the Federal Reserve ruined...
Peter Schiff
What is that important piece? The raising taxes or cutting spending in boom time?
I don't support Keynesian Economics but picking pieces of it is probably a lot less effective. The thing is.. Raising taxes is political suicide.
China's Interest rate is at 38%? That is awesome. Why does our GDP keep growing along with the debt? Consumption is the biggest part of GDP and...
The Government has been applying Keynesian intervention now for decades. Look at all the bailouts and Quantitative Easings. These are all...
Demand is infinite.. There will always be demand. However, Supply is finite. If you produce, there will be consumption of your goods/services. I...
Can somebody in detail break down the difference between European Socialism versus Keynesian Economics being displayed in America today? Keynesian...
Yes, there is a way to profit off of our failure! Read some of Peter Schiffs books: Crashproof 2.0, The Real Crash... Think logically, if the...
all my friends at college are taking sports management. All of them want to be associated with the NFL and NBA.. Unfortunately I don't think they...
Too true. I honestly wouldn't be surprised seeing a rise in the Libertarian Party in the next 20 years. Fiscally Conservative and Socially...
College is not worth it. Especially not the expensive D1 schools. Government subsidized loans made tuition prices skyrocket. What ever happened to...
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