- published: 19 Mar 2012
- views: 295151
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In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John Maynard Keynes. Thanks for watching. Please subscribe!
More details about calculating the multiplier
https://www.youtube.com/watch?v=RqWYmQQzXxs&list;=PLBC35DEA1D1A98034&index;=19
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
And, yes, I know there are a few misspelled words. I always try to throw a few of them in there to keep you on your teos
- published: 02 Dec 2015
- views: 11133
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know)
The Business Cycle in 5 min:
http://www.youtube.com/watch?v=GU-FXv2VlK0&feature;=plcp
The Federal Reserve in 5 min:
http://www.youtube.com/watch?v=Hjm26fTH9K0
- published: 07 Aug 2012
- views: 277370
Subscribe to our channel: http://www.youtube.com/user/econstories
If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI
Produced by Emergent Order. Visit us at http://emergentorder.com.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts.
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it.
Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at:
http://econstories.tv
Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com
Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs.
http://www.blackboard3.com
**Charging Bull© Arturo DiModica, 1998
- published: 24 Jan 2010
- views: 5457414
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you.
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:
Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson
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- published: 06 Nov 2015
- views: 167409
http://www.patrickschwerdtfeger.com/sbi/
Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model for managing their economies and this video offers three (3) reasons why it's the wrong approach. First, governments need to pay back the debts they take during bad years, but they don't. Second, excessive social safety-net programs breed an entitlement culture within the economy. And third, government borrowing crowds out private investment in the economy.
- published: 03 Mar 2014
- views: 18373
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP
According to the Keynesian model, substantial economic slumps come from falling aggregate demand—the sum of overall consumption, investment, and government spending within the economy. When Aggregate Demand falls, producers of goods and services lose revenue and are forced to adjust.
How does the market handle this economic adjustment? In order for businesses to maintain profit levels, they must reduce production costs. But cost cutting is difficult because of what economists call 'sticky wages and prices.'
Cutting wages can cut morale and, in turn, cut productivity. In the end, employers wind up cutting people altogether in order to escape the sticky situation. So stickiness translates into higher levels of unemployment. Unemployment leads to decreased spending and further depresses aggregate demand. Falling aggregate demand combines with wage stickiness, dragging the economy into systemic crisis.
Cowen awards the Keynesian model points for accurately describing real-world business fluctuations. Falling aggregate demand has paved the way to major downturns, including the Great Depression.
However, Cowen notes that aggregate demand is not the primary culprit in all crises. And when it comes to curing crises, the Keynesian model comes up short.
SUBSCRIBE:
http://bit.ly/1HVAtKP
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LEARN MORE:
Check out Prof. Cowen's popular econ blog: http://www.marginalrevoultion.com
LEARN LIBERTY
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
- published: 26 Jul 2012
- views: 76129
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and subscribe!
A new video about Keynesian Economics
https://www.youtube.com/channel/UCCQEbqDL8i40d83Au55lYMQ
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
- published: 16 Mar 2011
- views: 144023
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com
To see more subscribe to our Video Podcast:
http://www.pyrolitical.com/category/video-podcast/feed/
Thanks for Watching
- published: 14 Oct 2008
- views: 132221
Keynesian economics (
/ˈkeɪnziən/ KAYN-zee-ən; also called Keynesianism and Keynesian theory) are the group of macroeconomic schools of thought based on the ideas of 20th-century economist John Maynard Keynes.
Advocates of Keynesian economics argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes which require active policy responses by the public sector, particularly monetary policy actions by the central bank and fiscal policy actions by the government to stabilize output over the business cycle. The theories forming the basis of Keynesian economics were first presented in The General Theory of Employment, Interest and Money, published in 1936. The interpretations of Keynes are contentious and several schools of thought claim his legacy.
Keynesian economics advocates a mixed economy — predominantly private sector, but with a significant role of government and public sector — and served as the economic model during the later part of the Great Depression, World War II, and the post-war economic expansion (1945–1973), though it lost some influence following the tax surcharge in 1968 and the stagflation of the 1970s. The advent of the global financial crisis in 2008 has caused a resurgence in Keynesian thought.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Keynesian_economics
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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12:05Keynesian Economics
Keynesian Economics -
5:16Keynesian Economics with Jacob Clifford
Keynesian Economics with Jacob CliffordKeynesian Economics with Jacob Clifford
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John Maynard Keynes. Thanks for watching. Please subscribe! More details about calculating the multiplier https://www.youtube.com/watch?v=RqWYmQQzXxs&list;=PLBC35DEA1D1A98034&index;=19 Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership And, yes, I know there are a few misspelled words. I always try to throw a few of them in there to keep you on your teos -
4:37Keynesian Theory in 5 min
Keynesian Theory in 5 minKeynesian Theory in 5 min
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know) The Business Cycle in 5 min: http://www.youtube.com/watch?v=GU-FXv2VlK0&feature;=plcp The Federal Reserve in 5 min: http://www.youtube.com/watch?v=Hjm26fTH9K0 -
7:33"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
Subscribe to our channel: http://www.youtube.com/user/econstories If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI Produced by Emergent Order. Visit us at http://emergentorder.com. Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it. Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at: http://econstories.tv Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs. http://www.blackboard3.com **Charging Bull© Arturo DiModica, 1998 -
10:10The Keynesian Model and the Classical model
The Keynesian Model and the Classical modelThe Keynesian Model and the Classical model
a very good video comparing classical and Keynesian economics. -
10:05Economic Schools of Thought: Crash Course Economics #14
Economic Schools of Thought: Crash Course Economics #14Economic Schools of Thought: Crash Course Economics #14
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids -
9:393 Reasons why Keynesian Economics does NOT Work
3 Reasons why Keynesian Economics does NOT Work3 Reasons why Keynesian Economics does NOT Work
http://www.patrickschwerdtfeger.com/sbi/ Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model for managing their economies and this video offers three (3) reasons why it's the wrong approach. First, governments need to pay back the debts they take during bad years, but they don't. Second, excessive social safety-net programs breed an entitlement culture within the economy. And third, government borrowing crowds out private investment in the economy. -
5:11Business Cycles Explained: Keynesian Theory
Business Cycles Explained: Keynesian TheoryBusiness Cycles Explained: Keynesian Theory
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP According to the Keynesian model, substantial economic slumps come from falling aggregate demand—the sum of overall consumption, investment, and government spending within the economy. When Aggregate Demand falls, producers of goods and services lose revenue and are forced to adjust. How does the market handle this economic adjustment? In order for businesses to maintain profit levels, they must reduce production costs. But cost cutting is difficult because of what economists call 'sticky wages and prices.' Cutting wages can cut morale and, in turn, cut productivity. In the end, employers wind up cutting people altogether in order to escape the sticky situation. So stickiness translates into higher levels of unemployment. Unemployment leads to decreased spending and further depresses aggregate demand. Falling aggregate demand combines with wage stickiness, dragging the economy into systemic crisis. Cowen awards the Keynesian model points for accurately describing real-world business fluctuations. Falling aggregate demand has paved the way to major downturns, including the Great Depression. However, Cowen notes that aggregate demand is not the primary culprit in all crises. And when it comes to curing crises, the Keynesian model comes up short. SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: - Website: https://www.learnliberty.org/ - Facebook: https://www.facebook.com/LearnLiberty - Twitter: https://twitter.com/LearnLiberty - Google +: http://bit.ly/1hi66Zz LEARN MORE: Check out Prof. Cowen's popular econ blog: http://www.marginalrevoultion.com LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP -
4:30Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
Macro 3.8- Classical vs. Keynesian Aggregate Supply- MacroeconomicsMacro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and subscribe! A new video about Keynesian Economics https://www.youtube.com/channel/UCCQEbqDL8i40d83Au55lYMQ Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership -
8:22What is Keynesian Economics?
What is Keynesian Economics?What is Keynesian Economics?
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com To see more subscribe to our Video Podcast: http://www.pyrolitical.com/category/video-podcast/feed/ Thanks for Watching
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Keynesian Economics with Jacob Clifford
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John Maynard Keynes. Thanks for watching. Please subscribe! More details about calculating the multiplier https://www.youtube.com/watch?v=RqWYmQQzXxs&list;=PLBC35DEA1D1A98034&index;=19 Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership And, yes, I know there are a few misspelled words. I always try to throw a few of them in there to k... -
Keynesian Theory in 5 min
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know) The Business Cycle in 5 min: http://www.youtube.com/watch?v=GU-FXv2VlK0&feature;=plcp The Federal Reserve in 5 min: http://www.youtube.com/watch?v=Hjm26fTH9K0 -
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
Subscribe to our channel: http://www.youtube.com/user/econstories If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI Produced by Emergent Order. Visit us at http://emergentorder.com. Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it. Get the full lyrics, story... -
The Keynesian Model and the Classical model
a very good video comparing classical and Keynesian economics. -
Economic Schools of Thought: Crash Course Economics #14
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob A... -
3 Reasons why Keynesian Economics does NOT Work
http://www.patrickschwerdtfeger.com/sbi/ Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model for managing their economies and this video offers three (3) reasons why it's the wrong approach. First, governments need to pay back the debts they take during bad years, but they don't. Second, excessive social safety-net programs breed an entitlement culture within the economy. And third, government borrowing crowds out private investment in the economy. -
Business Cycles Explained: Keynesian Theory
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP According to the Keynesian model, substantial economic slumps come from falling aggregate demand—the sum of overall consumption, investment, and government spending within the economy. When Aggregate Demand falls, producers of goods and services lose revenue and are forced to adjust. How does the market handle this economic adjustment? In order for businesses to maintain profit levels, they must reduce production costs. But cost cutting is difficult because of what economists call 'sticky wages and prices.' Cutting wages can cut morale and, in turn, cut productivity. In the end, employers wind up cutting people altogether in order to escape the sticky situation. So ... -
Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and subscribe! A new video about Keynesian Economics https://www.youtube.com/channel/UCCQEbqDL8i40d83Au55lYMQ Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership -
What is Keynesian Economics?
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com To see more subscribe to our Video Podcast: http://www.pyrolitical.com/category/video-podcast/feed/ Thanks for Watching
Keynesian Economics
- Order: Reorder
- Duration: 12:05
- Updated: 19 Mar 2012
- views: 295151
Contrasting Keynesian and Classical Thinking
More free lessons at: http://www.khanacademy.org/video?v=hPkh8kOldU4
Contrasting Keynesian and Classical Thinking
More free lessons at: http://www.khanacademy.org/video?v=hPkh8kOldU4
wn.com/Keynesian Economics
Keynesian Economics with Jacob Clifford
- Order: Reorder
- Duration: 5:16
- Updated: 02 Dec 2015
- views: 11133
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out o...
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John Maynard Keynes. Thanks for watching. Please subscribe!
More details about calculating the multiplier
https://www.youtube.com/watch?v=RqWYmQQzXxs&list;=PLBC35DEA1D1A98034&index;=19
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
And, yes, I know there are a few misspelled words. I always try to throw a few of them in there to keep you on your teos
wn.com/Keynesian Economics With Jacob Clifford
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken window fallacy, and the tradeoffs of government spending to get out of a recession. Be sure to leave a comment and tell me what you think of John Maynard Keynes. Thanks for watching. Please subscribe!
More details about calculating the multiplier
https://www.youtube.com/watch?v=RqWYmQQzXxs&list;=PLBC35DEA1D1A98034&index;=19
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
And, yes, I know there are a few misspelled words. I always try to throw a few of them in there to keep you on your teos
- published: 02 Dec 2015
- views: 11133
Keynesian Theory in 5 min
- Order: Reorder
- Duration: 4:37
- Updated: 07 Aug 2012
- views: 277370
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the paus...
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know)
The Business Cycle in 5 min:
http://www.youtube.com/watch?v=GU-FXv2VlK0&feature;=plcp
The Federal Reserve in 5 min:
http://www.youtube.com/watch?v=Hjm26fTH9K0
wn.com/Keynesian Theory In 5 Min
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustrations inspired by Olivier Ballou. Please make liberal use of the pause button. Please mute the annoying music (yes I'm recycling tracks from my previous videos, pathetic I know)
The Business Cycle in 5 min:
http://www.youtube.com/watch?v=GU-FXv2VlK0&feature;=plcp
The Federal Reserve in 5 min:
http://www.youtube.com/watch?v=Hjm26fTH9K0
- published: 07 Aug 2012
- views: 277370
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
- Order: Reorder
- Duration: 7:33
- Updated: 24 Jan 2010
- views: 5457414
Subscribe to our channel: http://www.youtube.com/user/econstories
If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI
Produ...
Subscribe to our channel: http://www.youtube.com/user/econstories
If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI
Produced by Emergent Order. Visit us at http://emergentorder.com.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts.
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it.
Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at:
http://econstories.tv
Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com
Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs.
http://www.blackboard3.com
**Charging Bull© Arturo DiModica, 1998
wn.com/Fear The Boom And Bust A Hayek Vs. Keynes Rap Anthem
Subscribe to our channel: http://www.youtube.com/user/econstories
If you enjoyed this video, you should watch this one next: http://youtu.be/Mq2iQAsJAhI
Produced by Emergent Order. Visit us at http://emergentorder.com.
Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts.
In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics conference on the economic crisis. Before the conference begins, and at the insistence of Lord Keynes, they go out for a night on the town and sing about why there's a "boom and bust" cycle in modern economies and good reason to fear it.
Get the full lyrics, story and free download of the song in high quality MP3 and AAC files at:
http://econstories.tv
Plus, to see and hear more from the stars of Fear the Boom and Bust, Billy Scafuri and Adam Lustick, visit their site: http://www.billyandadam.com
Music was produced by Jack Bradley at Blackboard3 Music and Sound Design. It was composed and performed by Richard Royston Jacobs.
http://www.blackboard3.com
**Charging Bull© Arturo DiModica, 1998
- published: 24 Jan 2010
- views: 5457414
The Keynesian Model and the Classical model
- Order: Reorder
- Duration: 10:10
- Updated: 29 Sep 2015
- views: 1082
a very good video comparing classical and Keynesian economics.
a very good video comparing classical and Keynesian economics.
wn.com/The Keynesian Model And The Classical Model
Economic Schools of Thought: Crash Course Economics #14
- Order: Reorder
- Duration: 10:05
- Updated: 06 Nov 2015
- views: 167409
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other...
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you.
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:
Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
Twitter - http://www.twitter.com/TheCrashCourse
Tumblr - http://thecrashcourse.tumblr.com
Support Crash Course on Patreon: http://patreon.com/crashcourse
CC Kids: http://www.youtube.com/crashcoursekids
wn.com/Economic Schools Of Thought Crash Course Economics 14
We talk a lot about Keynesian economics on this show, pretty much because the real world currently runs on Keynesian principles. That said, there are some other economic ideas out there, and today we're going to talk about a few of them. So, if you've been aching to hear about socialism, communism, the Chicago School, or the Austrian School, this episode is for you.
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever:
Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
Twitter - http://www.twitter.com/TheCrashCourse
Tumblr - http://thecrashcourse.tumblr.com
Support Crash Course on Patreon: http://patreon.com/crashcourse
CC Kids: http://www.youtube.com/crashcoursekids
- published: 06 Nov 2015
- views: 167409
3 Reasons why Keynesian Economics does NOT Work
- Order: Reorder
- Duration: 9:39
- Updated: 03 Mar 2014
- views: 18373
http://www.patrickschwerdtfeger.com/sbi/
Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model fo...
http://www.patrickschwerdtfeger.com/sbi/
Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model for managing their economies and this video offers three (3) reasons why it's the wrong approach. First, governments need to pay back the debts they take during bad years, but they don't. Second, excessive social safety-net programs breed an entitlement culture within the economy. And third, government borrowing crowds out private investment in the economy.
wn.com/3 Reasons Why Keynesian Economics Does Not Work
http://www.patrickschwerdtfeger.com/sbi/
Keynesian Economics is BAD for the economy. Almost all developed nations are following a Keynesian Economics model for managing their economies and this video offers three (3) reasons why it's the wrong approach. First, governments need to pay back the debts they take during bad years, but they don't. Second, excessive social safety-net programs breed an entitlement culture within the economy. And third, government borrowing crowds out private investment in the economy.
- published: 03 Mar 2014
- views: 18373
Business Cycles Explained: Keynesian Theory
- Order: Reorder
- Duration: 5:11
- Updated: 26 Jul 2012
- views: 76129
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP
According to the Keynesian model, su...
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP
According to the Keynesian model, substantial economic slumps come from falling aggregate demand—the sum of overall consumption, investment, and government spending within the economy. When Aggregate Demand falls, producers of goods and services lose revenue and are forced to adjust.
How does the market handle this economic adjustment? In order for businesses to maintain profit levels, they must reduce production costs. But cost cutting is difficult because of what economists call 'sticky wages and prices.'
Cutting wages can cut morale and, in turn, cut productivity. In the end, employers wind up cutting people altogether in order to escape the sticky situation. So stickiness translates into higher levels of unemployment. Unemployment leads to decreased spending and further depresses aggregate demand. Falling aggregate demand combines with wage stickiness, dragging the economy into systemic crisis.
Cowen awards the Keynesian model points for accurately describing real-world business fluctuations. Falling aggregate demand has paved the way to major downturns, including the Great Depression.
However, Cowen notes that aggregate demand is not the primary culprit in all crises. And when it comes to curing crises, the Keynesian model comes up short.
SUBSCRIBE:
http://bit.ly/1HVAtKP
FOLLOW US:
- Website: https://www.learnliberty.org/
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LEARN MORE:
Check out Prof. Cowen's popular econ blog: http://www.marginalrevoultion.com
LEARN LIBERTY
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
wn.com/Business Cycles Explained Keynesian Theory
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. Learn more: http://bit.ly/1HVAtKP
According to the Keynesian model, substantial economic slumps come from falling aggregate demand—the sum of overall consumption, investment, and government spending within the economy. When Aggregate Demand falls, producers of goods and services lose revenue and are forced to adjust.
How does the market handle this economic adjustment? In order for businesses to maintain profit levels, they must reduce production costs. But cost cutting is difficult because of what economists call 'sticky wages and prices.'
Cutting wages can cut morale and, in turn, cut productivity. In the end, employers wind up cutting people altogether in order to escape the sticky situation. So stickiness translates into higher levels of unemployment. Unemployment leads to decreased spending and further depresses aggregate demand. Falling aggregate demand combines with wage stickiness, dragging the economy into systemic crisis.
Cowen awards the Keynesian model points for accurately describing real-world business fluctuations. Falling aggregate demand has paved the way to major downturns, including the Great Depression.
However, Cowen notes that aggregate demand is not the primary culprit in all crises. And when it comes to curing crises, the Keynesian model comes up short.
SUBSCRIBE:
http://bit.ly/1HVAtKP
FOLLOW US:
- Website: https://www.learnliberty.org/
- Facebook: https://www.facebook.com/LearnLiberty
- Twitter: https://twitter.com/LearnLiberty
- Google +: http://bit.ly/1hi66Zz
LEARN MORE:
Check out Prof. Cowen's popular econ blog: http://www.marginalrevoultion.com
LEARN LIBERTY
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
- published: 26 Jul 2012
- views: 76129
Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
- Order: Reorder
- Duration: 4:30
- Updated: 16 Mar 2011
- views: 144023
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and s...
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and subscribe!
A new video about Keynesian Economics
https://www.youtube.com/channel/UCCQEbqDL8i40d83Au55lYMQ
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
wn.com/Macro 3.8 Classical Vs. Keynesian Aggregate Supply Macroeconomics
In this video I explain the three stages of the short run aggregate supply curve: Keynesian, Intermediate, and Classical. Thanks for watching. Please like and subscribe!
A new video about Keynesian Economics
https://www.youtube.com/channel/UCCQEbqDL8i40d83Au55lYMQ
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership
- published: 16 Mar 2011
- views: 144023
What is Keynesian Economics?
- Order: Reorder
- Duration: 8:22
- Updated: 14 Oct 2008
- views: 132221
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money...
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com
To see more subscribe to our Video Podcast:
http://www.pyrolitical.com/category/video-podcast/feed/
Thanks for Watching
wn.com/What Is Keynesian Economics
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com
To see more subscribe to our Video Podcast:
http://www.pyrolitical.com/category/video-podcast/feed/
Thanks for Watching
- published: 14 Oct 2008
- views: 132221
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12:05
Keynesian Economics
Contrasting Keynesian and Classical Thinking
More free lessons at: http://www.khanacademy....
published: 19 Mar 2012
Keynesian Economics
Keynesian Economics
- Report rights infringement
- published: 19 Mar 2012
- views: 295151
5:16
Keynesian Economics with Jacob Clifford
In this video I explain Keynesian economics, the idea of the multiplier effect, the broken...
published: 02 Dec 2015
Keynesian Economics with Jacob Clifford
Keynesian Economics with Jacob Clifford
- Report rights infringement
- published: 02 Dec 2015
- views: 11133
4:37
Keynesian Theory in 5 min
An illustrated guide to Keynesian theory based on the work of John Maynard Keynes. Illustr...
published: 07 Aug 2012
Keynesian Theory in 5 min
Keynesian Theory in 5 min
- Report rights infringement
- published: 07 Aug 2012
- views: 277370
7:33
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
Subscribe to our channel: http://www.youtube.com/user/econstories
If you enjoyed this vid...
published: 24 Jan 2010
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
"Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem
- Report rights infringement
- published: 24 Jan 2010
- views: 5457414
10:10
The Keynesian Model and the Classical model
a very good video comparing classical and Keynesian economics.
published: 29 Sep 2015
The Keynesian Model and the Classical model
The Keynesian Model and the Classical model
- Report rights infringement
- published: 29 Sep 2015
- views: 1082
10:05
Economic Schools of Thought: Crash Course Economics #14
We talk a lot about Keynesian economics on this show, pretty much because the real world c...
published: 06 Nov 2015
Economic Schools of Thought: Crash Course Economics #14
Economic Schools of Thought: Crash Course Economics #14
- Report rights infringement
- published: 06 Nov 2015
- views: 167409
9:39
3 Reasons why Keynesian Economics does NOT Work
http://www.patrickschwerdtfeger.com/sbi/
Keynesian Economics is BAD for the economy. Alm...
published: 03 Mar 2014
3 Reasons why Keynesian Economics does NOT Work
3 Reasons why Keynesian Economics does NOT Work
- Report rights infringement
- published: 03 Mar 2014
- views: 18373
5:11
Business Cycles Explained: Keynesian Theory
In the Keynesian corner, Tyler Cowen examines the Keynesian theory of the business cycle. ...
published: 26 Jul 2012
Business Cycles Explained: Keynesian Theory
Business Cycles Explained: Keynesian Theory
- Report rights infringement
- published: 26 Jul 2012
- views: 76129
4:30
Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
In this video I explain the three stages of the short run aggregate supply curve: Keynesia...
published: 16 Mar 2011
Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
Macro 3.8- Classical vs. Keynesian Aggregate Supply- Macroeconomics
- Report rights infringement
- published: 16 Mar 2011
- views: 144023
8:22
What is Keynesian Economics?
Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are...
published: 14 Oct 2008
What is Keynesian Economics?
What is Keynesian Economics?
- Report rights infringement
- published: 14 Oct 2008
- views: 132221
Keynesian Economics...
Keynesian Economics with Jacob Clifford...
Keynesian Theory in 5 min...
"Fear the Boom and Bust" a Hayek vs. Keynes Rap An...
The Keynesian Model and the Classical model...
Economic Schools of Thought: Crash Course Economic...
3 Reasons why Keynesian Economics does NOT Work...
Business Cycles Explained: Keynesian Theory...
Macro 3.8- Classical vs. Keynesian Aggregate Suppl...
What is Keynesian Economics?...
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Lyrics list:lyrics
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I Have Something To Say
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You Kissed Lilly
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You'll Never Guess Who Died
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XOXOXO
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Wild And Crazy Kids
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Wasting My Air
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The Way I Used To Be
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The Kinison's Area 53
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The Farm And The Girls
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Sorry I'm A Pushover
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I Have Something To Say
I got something to say
I got something to say
I got something to say
I got something to say
Cough
Waif
My odds are slim
I got something to say
I got something to say
I got something to say
photo: AP / Olivier Matthys
Belgian police arrest 12 in huge anti-terror operation
Edit The Irish Times 18 Jun 2016
Twelve people suspected of planning new terror attacks were arrested in Brussels on Friday and Saturday after police carried out about 40 house searches across Belgium, the federal prosecutor’s office said in a statement. It said a total of 40 people had been questioned after the raids. “In connection with a criminal investigation concerning terrorism... ....
photo: Creative Commons / TheBostonianLonghorn
IAAF Refuses To Lift Ban, Russian Olympic Team To Miss Rio Olympics
Edit WorldNews.com 17 Jun 2016
A decision by the International Association of Athletics Federations (IAAF) governing body Friday will force Russian track and field athletes to miss the Rio Olympics after the sport's governing body decided unanimously to keep a ban in place ahead of the Games, SkyNews reported.In November, the IAAF provisionally suspended the country’s athletes from competition....
photo: Creative Commons / Gage Skidmore
GOP Wants to Declare War On Islamic Ideology In Wake Of Orlando Shooting
Edit WorldNews.com 17 Jun 2016
Article by WN.com Correspondent Dallas DarlingRepublicans are giving a whole new meaning to Carl Von Clausewitz’s famous military theory “war is the continuation of Politik by other means.” ... “Groups like ISIS want to claim that they are the true leaders of over a billion Muslims…who reject their crazy notions” said the president ... Indeed, some view it as either a conservative or liberal movement dependent on their notion of Islam....
photo: Public Domain / Facebook/ Attanai Thaiyuanwong
Video: Godzilla-sized lizard tries to enter home in Thailand
Edit Deccan Chronicle 17 Jun 2016
How often do you see a Godzilla-sized lizard knocking your door? On Wednesday a Thai resident captured a video of his encounter with a giant reptile, who was knocking on his door trying to get into his house. Attanai Thaiyuanwong found this huge lizard trying to make his way into his place and within no time shared the photos of it on Facebook ... . ....
photo: NASA / James Yungel
'We’re Officially Living in a New World': Antarctica Hits Highest CO2 Level in 4 Million Years
Edit Alternet 17 Jun 2016
Earth's most remote continent has officially caught up to the rest of the planet. That spells disaster for us all. We’re officially living in a new world. Carbon dioxide has been steadily rising since the start of the Industrial Revolution, setting a new high year after year. There’s a notable new entry to the record books. The last station on Earth without a 400 parts per million (ppm) reading has reached it. A little 400 ppm history....
« back to news headlines
The best way to welfare
Edit Indian Express 18 Jun 2016
Realistically, that was not going to happen — for example, because it would require privatising the expensive and excellent Swiss public education system — and therefore, new taxes would be needed. (Source. Reuters file photo) ... This is an old idea, going back at least to the 1970s, when, interestingly, it drew support both from right-wing libertarians like Milton Friedman and centre-left Keynesians like John Kenneth Galbraith ... ....
Donald Trump Represents Necessary Economic Change
Edit Real Clear Politics 17 Jun 2016
Famed investor Wilbur Ross recently told CNBC that "Trump represents a more radical new approach to government that the nation's economy desperately needs." He's right. Trump seeks an overthrow of the establishment. He's a disrupter. Just what we need to fix the economy. The situation is that desperate ... In general, it's a government-planning approach in the U.S. and around the world ... It's been a Keynesian mishmash ... None of it worked ... The U.S ... ....
Commentary: Sanders doesn't understand his party's history
Edit Philadelphia Daily News 16 Jun 2016
By Steven Conn. Though he has lost the nomination, Bernie Sanders still promises a "fundamental transformation" of the Democratic Party when he and his delegates come to Philadelphia next month ... FDR was never a socialist, he was never comfortable with Keynesian economics, and every piece of New Deal legislation was passed by a Congress thoroughly controlled by conservative Southern Democrats ... ....
QuickTake Q&A;: The EU’s Financial-Transaction Tax Appears Doomed
Edit Bloomberg 16 Jun 2016
It’s a nightmare scenario for stock exchanges and traders. Voters enraged by austerity measures and banker bonuses persuade their elected leaders to impose a tax on financial transactions, causing trading volumes to slump, markets in some securities to dry up and traders -- both humans and robots -- to lie idle ... What’s happening? ... 3 ... James Tobin, a Keynesian economist, proposed a tax on all foreign-exchange transactions as early as 1972....
PMQs review: Jeremy Corbyn doesn't pull his punches against David Cameron
Edit New Statesman 15 Jun 2016
Despite the EU referendum, the Labour leader attacked both the PM and the Tory Brexiters. " data-adaptive-image-768-img="" data-adaptive-image-1024-img="" data-adaptive-image-max-img="">. There is only one subject in British politics at the moment. But for Jeremy Corbyn at today's PMQs there were many ... Indeed, if they oppose Osborne's path, the Brexiters would have to embrace ultra-Keynesianism ... Getty Images. ....
A Challenge to Much That You Believe About the Fed
Edit Real Clear Politics 15 Jun 2016
John Tamny, of Forbes and RealClearMarkets, has penned a highly original and stimulating look at the economics of money and banking. Who Needs the Fed? I sang the praises of his remarkable Popular Economics when that came out, and now this just-published book has me singing them again, in a new key. Let me note up front that there are substantial parts of this book with which I, so far at least, disagree ... Mr ... Keynesians please take note....
Can the Left Really Support Remaining in the EU?
Edit Huffington Post 12 Jun 2016
According to the media and polls, I'm in the wrong camp ... This is a testament to how under-represented the "Lexit" (left-wing exit) argument has been in the referendum debate ... Not only has the EU imposed austerity across Europe, with hugely damaging effects, but the Eurozone has effectively banned Keynesian economics, with a 2011 treaty committed to eliminating structural deficits and outlawing expansionary fiscal policy ... ....
Chuka Umunna: ‘If a vacancy came up, I certainly wouldn’t rule it out’
Edit The Guardian 11 Jun 2016
It’s a year since he announced he was standing for the Labour leadership – and then abruptly withdrew. What went wrong? And will he stand again?. When Chuka Umunna announced he was running for the Labour leadership on 12 May last year, it looked as if the party might have found its saviour ... Chuka Umunna, yes he can ... Twitter ... Twitter ... The Keynesian economic model accepts markets, accepts profit, and nobody would say Keynes is a neo-liberal....
A Debasing Spectacle: Behind and Beyond the Latest Quadrennial Carnival
Edit CounterPunch 10 Jun 2016
The questions. (1) What is the state of American democracy today? (2) What is the role of the two major U.S ... What is the State of American Democracy Today? ... He’s a social-democratically inclined neo-Keynesian New Deal liberal at leftmost ... working class majority to the national and global economic elite than they were was back in the “Fordist” and Keynesian days of Herbert Hoover, Franklin Roosevelt, Harry Truman, and Dwight Eisenhower ... ....
Hillary Clinton, Donald Trump, and Why the Market and the Wealthy Win Every Time
Edit Alternet 09 Jun 2016
From the early 1930s, when the Great Depression threatened the classical liberal consensus (the idea that markets were self-regulating, and the state should play no more than a night-watchman role), until the early 1970s, when global instability including currency chaos unraveled it, the democratic world lived under the Keynesian paradigm....
Greek Finance Minister Tells Merkel: It’s Time to Spend More
Edit Bloomberg 09 Jun 2016
Greek Finance Minister Euclid Tsakalotos urged Germany to take advantage of record-low borrowing costs and invest more to spur the economy, saying Europe should seize the chance to modernize its infrastructure ... Failure to provide the euro area with a Keynesian-type stimulus would risk leaving the region with insufficient infrastructure, said Tsakalotos, whose country has the biggest ratio of debt to gross domestic product in Europe ... ....
Brexit: British to vote on EU membership, U-M experts available to comment (University of Michigan)
Edit Public Technologies 08 Jun 2016
whereas the pro-European case drew on a growing awareness of British economic weakness and the widely diffused language of 'decline,' the opponents of integration stressed the likely consequences for British sovereign independence, whether from the Right in a straightforwardly nationalistic perspective or from the Left's Keynesian critique of the diminished latitude for national economic planning and reformist freedom of maneuver....
‘I burst into tears and ran’: our worst summer jobs
Edit The Guardian 08 Jun 2016
Holiday work has been a rite of passage since the 50s. Here, writers recall their character-building stints shivering in an ice factory or sorting chunks of fat into buckets ... We were a department of three ... And we had secured a pay rise ... But the difference is that the summer jobs of the Keynesian era were often “real”, well paid and with the offer of permanence if you would just give up your degree, stay in your home town and go to work ... ....
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