1 of 1512345678910...Last »

Tag Archives: Keynesianism

Is Keynes Misunderstood, Maligned By Critics?

In a September 11 Bloomberg article, economist Noah Smith claims that John Maynard Keynes, the architect of today’s government economic policies around the world, wasn’t a “‘socialist’” or even a “‘progressive.’” He did not favor “a command economy.”

Yes he “was in favor of some amount of wealth redistribution and government intervention into the economy.” But “Keynesian policies are fundamentally … about economic stability,… about smoothing out the fluctuations in the economy, reducing risk for everyone concerned.”

Read More

Ron Paul: Not just a moment–we’re in the middle of a “libertarian transition”

The one and only time I met Ron Paul was in his office in DC in 2007. I had long admired him and I had come to pitch Dr. Paul on becoming a client of mine. I was a fledgling stock broker and I thought I might be able to interest him in some gold stocks.

What’s funny is that as soon as I walked through the door of his office and he and I sat down I forgot all about doing business and we just talked politics and strategy for about 20-25 minutes.

I left his office with a deepened respect for the man. Something which rarely happens (I now know) after meeting a politician in person.

Read More

1 of 1512345678910...Last »