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  • Hazlitt = Strawmanner of Keynes

    >Kayne-zee-uns say that goverment can stimulate the economy by breaking windows >But every dollar spent on repairing those broken windows could be spent elsewhere >Even though the whole point of Kayne-zee-unism is that spending is not going on in the private sector
    Posted to Economics Questions by Buzz Killington on Wed, Feb 13 2013
  • Reply to skeptics of Andy Kessler's recent column in WSJ

    All, I am trying my hand at refuting Krugmanite responses to the following article: http://online.wsj.com/article/SB10000872396390444100404577641280041366306.html?mod=hp_opinion The specific comment to which I am replying is as follows: "I’m late to this party, but I think Kessler attempts...
    Posted to Economics Questions by SweetPeach9 on Fri, Sep 21 2012
  • A Ditch-Digging Based Economy

    I have a friend who is an avowed leftist, but his belief system is based solely upon vaguely understood soundbites. During a discussion, I asserted that many of FDR's policies were almost the literal equivalent of digging ditches and then refilling them, to which he replied, "Well, what's...
    Posted to Economics Questions by Willy Truth on Thu, Jul 12 2012
  • Keynes’ Myths Support Wizard-of-Oz Government

    Keynes’ Myths Support Wizard-of-Oz Government By Monty Pelerin , posted March 17th, 2010 http://www.economicnoise.com/2010/03/17/keynes%e2%80%99-myths-support-wizard-of-oz-government/ Keynesian economics is mostly a fraud and always has been. It has little theoretical basis and no empirical support...
    Posted to Monty Pelerin's World by Monty Pelerin on Wed, Mar 17 2010
    Filed under: economics, Roosevelt, Keynes
  • Keynesian Economics Explained

    Keynesian Economics Explained By Monty Pelerin , posted March 7th, 2010 http://www.economicnoise.com/2010/03/07/keynesian-economics-explained/ Mark W. Hendrickson wrote a piece on Keynesian Economics in American Thinker today. It is an excellent read for fans or opponents of Keynes. Even better for those...
    Posted to Monty Pelerin's World by Monty Pelerin on Sun, Mar 7 2010
    Filed under: economics, Keynes
  • Krugman's errors - a critique to Keynesianism

    There have been a lot of articles criticising Paul Krugman's ideas. People like Robert Murphy , William Anderson and many others have written great articles on the subject. Modestly, I have tried to contribute to these critiques with one article in which I try to summarise several points. The article...
    Posted to Learning: a never-ending process by martinf on Mon, Feb 15 2010
    Filed under: crowding-out, keynesianism, Keynes, Krugman
  • Will Keynesians Please Answer?

    Will Keynesians Please Answer? By Monty Pelerin , posted December 24th, 2009 http://www.economicnoise.com/2009/12/24/will-keynesians-please-answer/ There is not much to add to this post by Steven Horwitz. Obviously, the Keynesians will say that it is too simplistic; that economics is more complex, more...
    Posted to Monty Pelerin's World by Monty Pelerin on Thu, Dec 24 2009
    Filed under: Keynes, Horwitz
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