Tag: keynesianism
Trump’s bad economic reasoning on infrastructure
March 3, 2017 | Post
Tuesday night’s address to Congress by President Trump was devoid of detail on infrastructure investment. But in justifying his desire to harness $1 trillion of public and private funds for “new roads, bridges, tunnels, airports and railways”, the President used two lines of bad economic reasoning sadly all too prevalent in public debate on this […]
Featured On Demand Program of the Week: Financial Crises and Government
January 4, 2016 | Post
This new On Demand series will explore the history of financial mayhem caused by government intervention as it explores topics like the effectiveness of stimulus spending, the Austrian theory of booms and busts, the government response to the 2008 financial crisis, the Great Recession and more. Join professors Stephen Davies, Tyler Cowen, and others as […]
The Loopiest Ideas of 2015
December 30, 2015 | Post
Every year has its own weird economic ideas which crop up. Back in 2012, there was the talk of the economic “silver lining” to the destruction caused by Hurricane Sandy (by people who are clearly not familiar enough with the parable of the broken window). 2015 had its own share of odd economic theory, and […]
The Death Star: Building It, Not Destroying It, Was the Catastrophe
December 23, 2015 | Post
You might have come across this recent article which argues that destroying the Death Star in Star Wars would have economically crippled the galaxy. There are a number of problems with the article, as Janet Neilson at the Foundation for Economic Education points out. The three major causes for concern are: Mistaking the cost of […]
Great Myths on the Great Depression
December 15, 2015 | Post
You most likely grew up thinking FDR’s New Deal played a pivotal role in ending the Great Depression, however as professor Stephen Davies points out in this video, there are many myths surrounding the Great Depression were the numbers don’t add up: Top 3 myths about the great depression? Are there any other “myths” you […]