Category Archives: Theory
Keynesian Economics: Is It What We Need?
As an economics simpleton, I’m merely attempting to wrap my head around the concepts of macro economics. With the absolutely crippling effects of the S&P downgrade and the stock market plummet, I thought now would be a good time to look at what should be done and to pose the question, is more debt the way out of the hole? Did Keynes have it right and has the fiscal policy of the U.S. been absolutely absurd since the mid 70’s? Let me know because I don’t the right answer. Read the Rest of the Article
What Would A “Good” Government Look Like?
The debate around what type of government we should have almost always focuses on the size of a government. Should it be big? Should it be small? But why start with that question? Shouldn’t we ask what a good government should look like first, and then from there figure out the size of government? So then, what should a good government look like? What should its responsibilities be? What should its limitations be? Read the Rest of the Article