We have seen the results of Keynesian economics in this so called muted inflation.
But that thinking is too advanced for the retro, outdated thinking of Keynesian economics.
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Liberals know all about multipliers, which are the central operating conceit of modern Keynesian economics.
But Washington went ahead and did the exact opposite of what Keynesian economics says is essential.
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Mr Davidson, an economist who edits the Journal of Post-Keynesian Economics, is Keynes's most faithful academic disciple.
There have been seven Nobel Prizes awarded to scholars whose work cast serious doubt on Keynesian economics.
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Keynesian economics is a school of economic thought based on the ideas of 20th-century British economist John Maynard Keynes.
Third, I fear that few Republican politicians are well enough versed in Non-Keynesian economics to make a convincing case.
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This is the longest period of unemployment that high since the Great Depression, when Keynesian economics first reigned supreme.
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Take for example the debate over fiscal easing and Keynesian economics vs austerity.
The problem turns into a full-fledged delusion, when his expert advice pushes him along the path of failed Keynesian economics.
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As Greg points out, this idea is not inconsistent with Keynesian economics.
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Adherence to Keynesian economics is one of several hallmarks of American liberalism identified by historians such as Doug Rossinow and Alonzo Hamby.
The Senate Democrat budget, however, does not even follow good Keynesian economics.
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With a relatively low unemployment rate (6%) and rising home values, the area has turned into a poster-child for Keynesian economics and liberal sensibility.
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Obama was busy learning Marxist economics in the 1970s (literally), and missed the final failure and thorough discrediting of Keynesian economics at the time.
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It is disheartening that so few conservative economists and politicians explain in a logical and direct way why Keynesian economics has failed over the past few years.
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The obvious problem is his unwavering support for Keynesian economics.
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All this is reminiscent of the history of Keynesian economics.
Keynesian economics has served as the model for the US and was employed many times during the 1900s as well as this century to stimulate growth after the 9-11.
What drives economic recovery and growth according to the President and his budget is federal spending, deficits and debt, the fundamental tenets of the Keynesian economics that arose in the 1930s.
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After all, those bureaucrats still embrace Keynesian economics.
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Even under Keynesian economics, tax rate cuts are expansionary.
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Even Keynesian economics recognizes such rate cuts as expansionary.
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It was only during the stagflation decade of 1973 to 1982, reflecting the same Keynesian economics that President Obama is pursuing today, that real growth fell to only half of long-term trends.
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That reflects the fundamental confusion of Keynesian economics, holding that the foundation of economic growth and prosperity is adequate demand for goods and services, rather than increased production of goods and services.
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Keynesian economics, which preceded neoclassical economics as a guiding principle in the United States for nearly 40 years, championed a vision where the public and private sectors played complementary roles in building value in the economy.
It also linked two of the themes that were to drive forward the rise of the conservative movement opposition to Keynesian economics (the man part of the book's title) and dislike of secular intellectuals (the God part).
Reagan turned around the double digit unemployment, double digit inflation, and double digit interest rates that Keynesian economics produced in the 1970s, replacing it with the greatest economic boom in world history from 1982 to 2007.
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The Washington Establishment is confusing the issue with their outdated, discredited, Keynesian economics holding that the sequestration spending cuts also going into effect next year as part of the 2011 debt limit deal are contractionary as well.
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