There is a small war going on between liberal and conservative economists about whether government stimulus packages increase or do not materially affect basic levels of economic activity. Liberals ...

In a recent contribution to this journal, C. Sardoni takes issue with the identification by Trigg, in a 2006 publication, of a role for the Keynesian investment multiplier in Marx's schemes of ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. I’m curious about something. It’s far enough above my pay grade that I’m a little ...

This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...

It has been five years this month that President Obama signed an $816.3 billion fiscal stimulus package, known as the American Recovery and Reinvestment Act, into law. Has it worked? To answer this ...

According to Keynesian economic theory, many recessions have little or nothing to do with underlying structural economic problems. Instead, the theory holds, recessions are the result of a crisis in ...

President Obama says he is for more jobs, a stronger economy, and the middle class, but his actions work against all of them. Ben Franklin said, “Experience is a dear teacher, but fools will learn at ...

Forbes contributors publish independent expert analyses and insights. A former Dallas Fed president, I cover the economy. This article is more than 10 years old. One of the neat (in my opinion) things ...

Forbes contributors publish independent expert analyses and insights. When the economy goes south, when “capitalism” fails, government at its best comes in and spends money, restoring the system to ...

In the latest posting on his blog, Dani Rodrik is saying things that I have been implying in some of my pieces but have been very reluctant to say explicitly, largely because I don’t like the ...