Mises Daily Articles

Displaying 31 - 40 of 64

Keynesianism and Socialism

Global EconomyWorld HistoryInterventionismOther Schools of Thought

01/05/2010Mises Daily Articles
In general, moreover, Keynesian proposals for "compensatory" policies follow Marxian socialism in seeking to force individuals to obey the rule, "From everyone according to his abilities, to everyone according to his needs." Arguments and theories used to support these proposals are essentially...
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Krugman Falls into the Keynesian Accounting Trap

Global EconomyU.S. EconomyMonetary Theory

12/21/2009Mises Daily Articles
In the real world, erecting higher trade barriers will reduce economic output in both countries, whereas reducing trade barriers will lead to greater output.
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Keynes, the Man

BiographiesInterventionismMonetary TheoryOther Schools of Thought

11/18/2009Mises Daily Articles
But ignorance cannot account for Keynes's claim that he was the first economist to try to explain unemployment or to transcend the assumption that money is a mere veil exerting no important influence on the business cycle or the economy.
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Krugman's Magic Solution to Budgetary Woes

The FedGold StandardInterventionismOther Schools of Thought

11/13/2009Mises Daily Articles
Krugman explained that the horrible trade wars of the early 1930s were the fault of — you guessed it — the gold standard.
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Karl Marx as Religious Eschatologist

Media and CultureOther Schools of ThoughtPhilosophy and Methodology

10/09/2009Mises Daily Articles
"No one was allowed to leave town, and anyone caught attempting or plotting to leave, helping anyone else to leave, or criticizing the king, was instantly beheaded."
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Keep Your Self-Righteous Fingers Off My Processed Food

Free MarketsGlobal EconomyHealthEntrepreneurship

09/30/2009Mises Daily Articles
Even America's poorest people nowadays can afford automobiles, cell phones, and TVs. Yet a significant number of social critics wish they couldn't.
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Keynesianism Loves the Total State

BiographiesInterventionismOther Schools of ThoughtPolitical Theory

09/18/2009Mises Daily Articles
There was a German language edition of his profoundly influential General Theory late in 1936, for which Keynes wrote a special foreword addressed solely to German readers.
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Krugman on Bad Actors

The FedFinancial MarketsMoney and BankingOther Schools of Thought

08/18/2009Mises Daily Articles
Wall Street — especially since this financial crisis began — has been anything but a bastion of laissez-faire capitalism.
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Kudlow's Cuckoo for Clunkers

Big GovernmentFree MarketsInterventionismOther Schools of Thought

08/12/2009Mises Daily Articles
Only the Austrian School can explain how the central bank causes boom – bust cycles, and why "stimulus" deficit spending only makes things worse.
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Keynesians Can't Predict

The FedFree MarketsBusiness CyclesOther Schools of Thought

07/28/2009Mises Daily Articles
Insufficiently educated in the history of economic thought, they do not realize that Keynesianism down to the most technical details, like the concept of the foreign exchange multiplier is mercantilism or, more precisely, John Lawism pure and simple.
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