Krugman and British Austerity
The historical evidence in Britain supports the view that spending cuts bring about larger economic recoveries than deficit spending does.
The historical evidence in Britain supports the view that spending cuts bring about larger economic recoveries than deficit spending does.
If it were true that we could create prosperity merely by making goods to give away, then we would not have to give them to foreign countries.
The cameralists were German university professors who advised the princes and their bureaucracy how best to maximize their revenue and power.
The skeptic soon finds that space technology ought to be treated like all other forms of technology: with as little government intervention as possible.
When confronted with the irrational, reasoning and science can only record and classify.
To hear some commentators talk, one would think that America's trade-deficit woes would be miraculously erased with a swift devaluation.
The fall in the money stock that precedes price deflation is actually triggered by the previous loose monetary policies of the central bank.
The unraveling of a socialist system. The rediscovery and triumph of capitalism.
Every dollar spent on the military is a dollar not spent or invested in the civilian economy.