Fiscal Policy
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“Sovereign Debt Concerns Weigh on Euro”
“The euro came under pressure as worries over the finances of countries on the edges of the eurozone continued to undermine the single currency. While the cost of insuring against […]
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Democracy in Deficit
“Vol. 8 of The Collected Works. Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy. The […]
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Land of Confusion
I thought that I would offer a run-through of what the government and the Fed have done to help us out during our troubled economic times. It is, of course, […]
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“It’s the Money, Stupid”
“At the moment, Republican leaders and policy elites are advancing exclusively fiscal solutions that address only the government response to the economic crisis and not the crisis itself. Fiscal deficits […]
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“Does Inequality Cause Inflation? The Political Economy of Inflation, Taxation and Government Debt”
“The optimal revenue mix is tilted more towards seigniorage if the ruling political party has less of a dislike for inflation, if the costs of collecting taxes are high and […]
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Russia – “Inflation Could Trip New Exchange-rate Crisis”
“This happy outcome was a result of serious efforts by the Finance Ministry to contain budget expenditure and by the Central Bank to restrain excessive monetary growth. Inflation control became […]
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Here Today, Keynes Tomorrow
“Keynesian ideas seem to pop up time and time again, especially in times of crisis. Keynes himself even sensed the impact his theories were going to have. When Keynes was […]
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Commitment
“There’s a difference between interest and commitment. When you’re interested in doing something, you do it only when circumstance permit. When you’re committed to something, you accept no excuses, only […]
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“Repudiate the National Debt”
“In the spring of 1981, conservative Republicans in the House of Representatives cried. They cried because, in the first flush of the Reagan Revolution that was supposed to bring drastic […]
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Euro Will Unravel, and Soon — AEI
By Desmond Lachman AEI Online Tuesday, September 14, 2010 “The outbreak of a sovereign-debt crisis in the eurozone’s peripheral economies has been among the more important developments in the global […]
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“The Political Economy of Crisis Opportunism”
“Like a river suddenly swollen by the collapse of an upstream dam, the ideological current becomes bloated by the public’s fear and apprehension of impending dangers and its heightened uncertainty […]
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To the Tea Partiers: End Imperialism, Take the Money Back — Daily Caller
By Luis Tellez — Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a […]