Tag Archives: J.M. Keynes

Helicopter Money, Negative Interest and Our Wiley E. Coyote Moment

Helicopter money¬†is the coming economic salvation. Quantitative Easing didn’t set the economy afire and we are left with negative interest rates and helicopter money. Of course, the helicopter has been tested¬†and failed, never mind. Our rulers will do anything before … Continue reading

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Economic History Seems To Lac Staying Power, For Some Reason …

The year 1776 still resonates with many Americans: The year of the Declaration of Independence. Fewer can recall the contents of the Declaration — a lot fewer these days –and very few can identify the publication of Adam Smith’s “The … Continue reading

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Politicians, Presidents, Economists and Other Liars (Versus Will Shakespeare)

The consumer spending scam so handy for politicians is fizzling. As with any scam, reality sooner or later catches up. The economic scam says that when consumers are spending, makers and sellers are busy and the economy is well; when … Continue reading

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