Posts Tagged ‘Keynes’

Austerity vs. stimulus

Written By: - Date published: 1:15 pm, September 27th, 2012 - 53 comments

The UK and USA make for interesting case studies in their differing responses to the global recession.  A pity that NZ followed the wrong leader.

The austerity death trap

Written By: - Date published: 7:15 am, October 25th, 2011 - 88 comments

In response to tough economic times, Government austerity programmes do more harm than good.  It’s a pretty simple equation based on the debt / GDP ratio.  With an election coming up soon, NZ needs to look for economic competence and a willingness to try new ideas, rather than muddling along deeper into the austerity death trap.

Keynes and Hayek rap

Written By: - Date published: 3:52 pm, February 19th, 2010 - 10 comments

In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century go out for a night on the town and sing about why there’s a “boom and bust” cycle in modern economies and good reason to fear it.

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