By: William Anderson Paul Krugman was the featured speaker at a special session of the 2004 Southern Economic Association meetings, held the weekend before Thanksgiving, and a number of economists listened intently as the most famous man at the conference spoke religiously about the glories of Keynesian economics. Professor Joseph Salerno and I were in […]
Austrian Economics
REMINDER: Furloughed federal workers still earn more than you
By: Ryan McMaken Whether its CNBC, or The New York Times, or NPR, the mainstream media is clearly committed to using the current partial government shutdown to portray federal workers as beleaguered victims of the American political system. But, in all cases I’ve encountered, these reports neglect to mention that on average, civilian federal workers make […]
Campaign finance reform only helps special interests
By: Ron Paul One of the new Democratic House majority’s top priorities is so-called campaign finance reform legislation. Contrary to the claims of its supporters, campaign finance reform legislation does not limit the influence of powerful special interests. Instead, it violates the First Amendment and burdens those seeking real change in government. The First Amendment […]
Paul Krugman now champions budget deficits as Democrats retake House
Is there anyone funnier than Keynesian it-girl Paul Krugman? He gets his economic proposals from The Twilight Zone, he is infatuated with the Democratic Party, and he thinks breaking windows creates prosperity. There will never be another Paul Krugman in our lifetimes. During the reign of former President Barack Obama, Krugman discussed how important it is […]
Week in Review: January 7 to January 13
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Powell to Trump: I’m not going anywhere As Ann Coulter’s calls for a wealth tax, Robert Wenzel warns about ‘neoright’ AOC still can’t answer simple question on paying […]