Topic: Fiscal Policy

“Repudiate the National Debt”

– September 22, 2010

“In the spring of 1981, conservative Republicans in the House of Representatives cried. They cried because, in the first flush of the Reagan Revolution that was supposed to bring drastic cuts in taxes and government spending, as well as a balanced budg …

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Euro Will Unravel, and Soon — AEI

– September 17, 2010

By Desmond Lachman AEI Online Tuesday, September 14, 2010 “The outbreak of a sovereign-debt crisis in the eurozone’s peripheral economies has been among the more important developments in the global economy in 2010. Sadly, this crisis will likely inten …

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“The Political Economy of Crisis Opportunism”

– September 15, 2010

“Like a river suddenly swollen by the collapse of an upstream dam, the ideological current becomes bloated by the public’s fear and apprehension of impending dangers and its heightened uncertainty about future developments. Bewildered people turn to th …

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To the Tea Partiers: End Imperialism, Take the Money Back — Daily Caller

– September 15, 2010

By Luis Tellez — Increasingly obvious perils of government debt have given rise to public concern, and even alarm. Though some people argue the alarm is exaggerated, there is a growing segment of the population that is thinking long and hard about the …

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“Greenspan: Fiscal Stimulus Worked Far Less Than Expected”

– September 15, 2010

“The former head of the Federal Reserve said fiscal stimulus efforts have fallen far short of expectations, and the government now needs to get out of the way and allow businesses and markets to power the recovery. “We have to find a way to simmer down …

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Atlas Liberty Cafe with Peter Boettke

– September 15, 2010

Please join us for September’s edition of the Atlas Liberty Café on Wednesday, September 22, from 10:00 AM – 11:00 AM, at the Cato Institute.  Liberty Café seeks to bring together allies with interests in worldwide issues to (1) share perspectives on g …

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The German Miracle: Another Look

– September 10, 2010

Earlier this summer George Soros and some leading Keynesian economists criticized what they regarded as Germany’s overly strict fiscal discipline. Yet Germany’s real output expanded at a robust 9% annual rate in the second quarter, while the U.S. econo …

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“Spreading Hayek, Spurning Keynes”

– August 30, 2010

“To these free-market economists, government intrusion ultimately sows the seeds of the next crisis. It hampers what one famous Austrian, Joseph Schumpeter, called the process of “creative destruction.” Governments that spend money they don’t have to c …

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The Recovery is Artificial

– August 27, 2010

“The stimulus is causing an artificial rebound in the economy that cannot be maintained, says Jerry Jordan, former president of the Federal Reserve Bank of Cleveland.” Watch it here.  “The Recovery is Artificial” Jerry Jordan MoneyShow.com, August 19, …

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Is There a Government Bond Bubble?

– August 25, 2010

“YES, there is a government bond bubble. And it’s huge. Uncle Sam and his counterparts in the EU and Japan are broke and are, almost surely, going to print vast quantities of money to cover their enormous spending obligations. The printing presses are …

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“Foreign Lenders: Friends Indeed to a U.S. Treasury in Need”

– August 18, 2010

“When the U.S. government wishes to spend more money than it receives as tax revenue, it covers the shortfall by borrowing, and foreign lenders have become increasingly important sources of such borrowed funds. Reliance on foreign lenders is as old as …

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The Fed Can’t Solve Our Economic Woes

– August 16, 2010

A policy of low interest rates is a textbook response of monetary authorities to the economic weakness brought on by deficient aggregate demand. The policy is justified by pointing to various ways in which money can promote economic activity—including …

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