greg mankiw

Great articles about the economy from the past week (updated with new articles)

By / 17 Comments / 14 February 2009

Here are some article I strongly recommend reading (excerpts are provided below): “California crisis by the numbers – 12, 5, 30, 2, 732, 5.5, 121“, John Chiang (Controller of the State of California), San Francisco Chronicle, 11 February 2009 “The Great Depression – Just the Facts, Ma’am“, Paul L. Kasriel, 9 February 2009 The Real …

Great articles about the economy from the past week (updated with new articles) Read More »

The greatness of John Maynard Keynes, our only guide in this crisis

By / 51 Comments / 1 January 2015

Judging from the comments on the FM site, most readers should carefully review these articles.  I believe this crisis results from a paradigm crisis in Keynesian economics, as we reach the boundaries of his vision — specifically, the point at which aggregate private sector debt becomes a limiting factor for the economy’s growth.  But however …

The greatness of John Maynard Keynes, our only guide in this crisis Read More »

Scroll to Top