Episode 17: What Caused the Financial Crisis?
Posted in Audio, First Principles on 15 January 2010
Stats: 88 views and 1 Comment Mike Van Winkle interviews Professors Peter Boettke and Steven Horwitz, co-authors of the recent FEE monograph "The House That Uncle Sam Built," about what led to the financial meltdown and the Great Recession of 2008. Download PDF of "The House That Uncle Sam Built" by Peter Boettke and Steven Horwitz. Visit the ...
Posted in Audio, First Principles on 15 January 2010
Stats: 88 views and 1 Comment Mike Van Winkle interviews Professors Peter Boettke and Steven Horwitz, co-authors of the recent FEE monograph "The House That Uncle Sam Built," about what led to the financial meltdown and the Great Recession of 2008. Download PDF of "The House That Uncle Sam Built" by Peter Boettke and Steven Horwitz. Visit the ...
Economic Distress on the Rise
Posted in News on 19 November 2009
Stats: 3 views and 4 Comments The Foundation for Economic Education (FEE) updated its Distress Index (DI) today in light of recent data released by the federal government showing an increase in the Consumer Price Index, which is commonly used to measure inflation. As a result the DI was raised to 59.7, the highest point since ...
Posted in News on 19 November 2009
Stats: 3 views and 4 Comments The Foundation for Economic Education (FEE) updated its Distress Index (DI) today in light of recent data released by the federal government showing an increase in the Consumer Price Index, which is commonly used to measure inflation. As a result the DI was raised to 59.7, the highest point since ...
Do We Need Another Stimulus?
Posted in Not So Fast! on 7 October 2009
Stats: 6 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
Posted in Not So Fast! on 7 October 2009
Stats: 6 views and 1 Comment The New York Times editorial page has spoken: We need another “stimulus” or the economy will be moribund for the foreseeable future. On October 2 Paul Krugman declared: Yes, the Federal Reserve and the Obama administration have pulled us “back from the brink” — the title of a new paper by ...
The Stimulus Helped the Economy? Not So Fast!
Posted in Not So Fast! on 30 September 2009
Stats: 7 views and No Comments President Barack Obama, Ben Bernanke, and Paul Krugman claim the “stimulus” and other interventions have “pulled the economy from the brink.” And even that’s not enough, as Krugman notes in a recent New York Times blog post: In a rational political and policy environment, the implication of all this [the fading ...
Posted in Not So Fast! on 30 September 2009
Stats: 7 views and No Comments President Barack Obama, Ben Bernanke, and Paul Krugman claim the “stimulus” and other interventions have “pulled the economy from the brink.” And even that’s not enough, as Krugman notes in a recent New York Times blog post: In a rational political and policy environment, the implication of all this [the fading ...
Stimulus Funds Redirected
Posted in In brief on 24 September 2009
Stats: 2 views and No Comments "Nearly $3 million in stimulus money targeted for fighting wildfires is being spent to restore public parks and watersheds in the nation's capital, which has no national forests. "The Forest Service has directed that $2.8 million in 'Wildland Fire Management' funds, approved under the economic stimulus law, go to groups that ...
Posted in In brief on 24 September 2009
Stats: 2 views and No Comments "Nearly $3 million in stimulus money targeted for fighting wildfires is being spent to restore public parks and watersheds in the nation's capital, which has no national forests. "The Forest Service has directed that $2.8 million in 'Wildland Fire Management' funds, approved under the economic stimulus law, go to groups that ...
TARP Could Be Extended
Posted in In brief on 24 September 2009
Stats: 4 views and No Comments "The Obama administration is signaling that it is in no hurry to let the $700 billion financial bailout program expire at year's end amid continuing stress on the economy and the banking system." (AP, Thursday) Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this ...
Posted in In brief on 24 September 2009
Stats: 4 views and No Comments "The Obama administration is signaling that it is in no hurry to let the $700 billion financial bailout program expire at year's end amid continuing stress on the economy and the banking system." (AP, Thursday) Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this ...
Hangover Follows Stimulus Spending Spree
Posted in In brief on 21 September 2009
Stats: 1 views and No Comments "After a two-week binge to meet President Obama's 200-day goal, stimulus spending has plummeted once again - and the roller-coaster pace of spending has critics worried about how the money is being spent. "Throughout the summer, the administration had averaged about $4 billion in new spending obligations per week, but went ...
Posted in In brief on 21 September 2009
Stats: 1 views and No Comments "After a two-week binge to meet President Obama's 200-day goal, stimulus spending has plummeted once again - and the roller-coaster pace of spending has critics worried about how the money is being spent. "Throughout the summer, the administration had averaged about $4 billion in new spending obligations per week, but went ...
Senate Votes To Keep Stimulus Signs
Posted in In brief on 17 September 2009
Stats: 1 views and No Comments "They're spending hundreds of billions of dollars to stimulate the economy, so Senate Democrats said Wednesday they might as well spend millions putting up signs to highlight where the money is being spent. "The road signs, which let motorists know the paving and construction projects they see are being paid for ...
Posted in In brief on 17 September 2009
Stats: 1 views and No Comments "They're spending hundreds of billions of dollars to stimulate the economy, so Senate Democrats said Wednesday they might as well spend millions putting up signs to highlight where the money is being spent. "The road signs, which let motorists know the paving and construction projects they see are being paid for ...
Stealth Expansion of Government Power
Posted in Articles on 20 August 2009
Stats: 31 views and 3 Comments The government of the United States is in the midst of debating major new undertakings, ranging from health care to climate change to energy development to tax reform. Yet far more fundamental is a basic but stealth shift in national priorities—in the form of a rapid and pervasive expansion of ...
Posted in Articles on 20 August 2009
Stats: 31 views and 3 Comments The government of the United States is in the midst of debating major new undertakings, ranging from health care to climate change to energy development to tax reform. Yet far more fundamental is a basic but stealth shift in national priorities—in the form of a rapid and pervasive expansion of ...
The Lowdown on Crude Keynesianism
Posted in Not So Fast! on 15 July 2009
Stats: 18 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
Posted in Not So Fast! on 15 July 2009
Stats: 18 views and 16 Comments As the economy goes south, we hear calls for a “second stimulus,” most prominently from Paul Krugman, the Nobel-prize-winning economist and New York Times columnist. To argue against further accumulation of government debt and the printing of new money, according to Krugman, is to fall back on “discredited” economic thinking: For ...
