So what are the solutions to our economic problems? They’d better be good. The Bush Administration left us with an enormous mess. In January of 2009, the first month of the Obama Administration, 779,000 people lost their jobs. The average number of jobs lost in the first quarter of 2009, was 753,000….per month. The American [...]
Entries Tagged as 'conservative economics'
The Failure of Conservative Economics Part VII — Solutions
April 16th, 2013 · Comments Off · Economics, Politics, Populism, Social Security, The Budget, Wall Street
Tags: conservative economics·international trade·jobs·Keynesiansim·Neo-Fascism·the budget·the national debt·unemployment
Failure of Conservative Economics, Part III The Big Economic Lie
February 10th, 2013 · Comments Off · Capitalism, Economics, General, Politics, Populism
No discussion of Conservative economics will be complete without a full analysis and review of the theories of Fredrich Hayek. Hayek was an Austrian economist who moved to England in the early 1930s and taught at the London School of Economics. The general tone of his work is that free competition in the marketplace and [...]
Tags: Capitalism·conservative economics·Economics·Neocon economics·Politics·Populism
The Failure of Conservatism and the Future of American Economics. Part I
January 8th, 2013 · Comments Off · ALEC, Capitalism, Corporations and Industry, Economics, Labor, Lobbying, obstruction, Politics, Populism, Social Security, taxes, The Budget, Wall Street, wars and militarism
In 1946, in the shadow of the carillon tower on the campus of the University of Chicago, an economist by the name of Milton Friedman began teaching economics to some of the brightest students in the country. His particular approach to economics was by and large what might be called neo-classical liberalism. It is a [...]
Tags: conservatism·conservative economics·Corporatism·Economics·lobbyists·Milton Friedman·national debt·Neoclassical Liberalism·Neoconservative obstruction·Neoconservative propaganda·Politics·Republican obstruction·Social Security·tax cuts for the rich·unemployment
It’s the Economy…Or Is It?
July 4th, 2012 · 1 Comment · Democracy, Economics, Politics, Populism, taxes
Sometimes it seems that economists live in a world different from ours. We have bills to pay, jobs to keep, children to educate. The formulas that economists constantly elaborate upon seem to have little to do with daily life. Of course that is not true. The outcome of macroeconomic calculation can have an enormous impact [...]
Tags: Bush·Cheney·conservative economics·conservatives·deficits·national debt·Neocons·Neoconservatives·Republican obstruction·Ronald Reagan·tax cuts for the rich·top one percent