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'
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 [...]
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 [...]