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Keynesian Economics: A Depression-era idea that's seen a resurgence in the 21st century
Keynesian economics is a theory that advocates increased government expenditures and lower taxes to…
Jim Probasco
As the pandemic, fires, and inequity all rage, free market icon Milton Friedman's declaration that the sole responsibility of business 'is to increase its profits' sounds emptier than ever
Half a century ago, the economist published an essay that shaped presidencies, corporations, and th…
Marguerite Ward
The world needs more right-wing Keynesians
It seems like a jarring contrast, since a lot of people associate fiscal stimulus and the ideas of …
Mike Bird
Sara Silverstein
CAMBRIDGE PROFESSOR: Niall Ferguson Has Linked Keynes' Policies To His Sexual Orientation For Years
I was at history seminar given by Niall Ferguson over 20 years ago. I am not good at dates but I th…
Adam Taylor
Harvard Professor Niall Ferguson Apologizes For 'Stupid And Tactless' Remarks About Keynes
But I should not have suggested – in an off-the-cuff response that was not part of my presentation …
Adam Taylor
Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says
Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…
Jennifer Sor
Nobel prize winnings in a divorce settlement — that’s how much economist Robert E Lucas’ ex-wife believed in him
Economists are often seen as storytellers who live in the make-believe world of theory and conjectu…
Charlie Munger torched crypto and touted BYD over Tesla. Cathie Wood, Robert Kiyosaki, and Patrick Byrne just called him out.
Warren Buffett's business partner and Berkshire Hathaway's 99-year-old vice-chairman fails to grasp…
Theron Mohamed
At a time when authoritarianism is on the rise again, the lessons offered by world-renowned economist John Maynard Keynes are more timely than ever
"In many ways, the New Deal expresses the full ambition of the Keynesian project," author Zach Cart…
Paul Constant
There's a 'tectonic shift' headed for stocks, Morgan Stanley warns, thanks to a decade of slowing growth and rising wealth inequality
This shift could produce "fresh market leadership centered on capital investment, infrastructure, h…
Emily Graffeo
India's inflation target should be maintained at 4%, says RBI's Working Paper
India's inflation target should be maintained at 4 per cent in the medium term, according to a work…
Nobel prize-winning economist Paul Krugman explains why he's more left-wing than the Modern Monetary Theory crowd
Krugman won his Nobel for his neo-Keynesian research, and MMT is seen as the next evolution of that…
Ben Winck
What is Modern Monetary Theory? Understanding the alternative economic theory that's becoming more mainstream
Modern Monetary Theory is an unconventional economic theory that states a government can create mor…
Melanie Lockert
Understanding fiscal policy: The use of government spending and taxation to manage the economy
A government's fiscal policy outlines its approach to taxes and spending. Policy changes could affe…
Louis DeNicola
Quantitative easing explained: How this monetary policy affects you and your money
Quantitative Easing (QE) is a monetary policy where the central bank buys long-term securities in t…
Jim Probasco
Guess who inspired Raghuram Rajan to become an economist?
"I was reasonably interested in math, and a friend told me about econometrics. I had read Isaac Asi…
Congress' failure to extend the stimulus reveals a broken safety net, but a jobs guarantee could wipe out unemployment for good
Bard's Pavlina Tcherneva argues that a jobs guarantee would permanently solve unemployment, as cong…
Allana Akhtar
Europe may still be stuck in a liquidity trap
Understanding how negative rates may or may not help economic growth is much more complex than most…