john maynard keynes - Page 2 of 2

Krugman: Austerity Still Doesn’t Work

Staff / Truthdig Dec 31, 2011 Is anyone in the Obama administration listening to Paul Krugman? Maybe, says the Nobel Prize-winning economist, but only at the end of a year in which political insistence on the need to reduce short-term deficits with spending cuts slid the economy and much of the American public further into ruin.Economist Paul Krugman takes an accounting at the end of a year in which political focus on short-term deficits slid the economy and much of the American public further into ruin. Dig deeper ( 2 Min. Read )

Labor Lawyer: Look to Keynes to Fix Economy

Staff / Truthdig Oct 26, 2011 Wall Street’s occupiers are asking the big questions about the U.S. economy. What can we do to create jobs, eliminate poverty and free the nation from the grip of debt? American labor lawyer Thomas Geoghegan points to early 20th-century economist John Maynard Keynes for some clues. (more) Dig deeper ( 2 Min. Read )

Nouriel Roubini: Capitalism Must Be Saved From Itself

Staff / Truthdig Aug 15, 2011 Economist and New York University professor Nouriel Roubini explains that globalization, reckless lending and borrowing, and the redirection of income and wealth from industries dependent upon human labor and well-being to those composed mainly of capital (more). Dig deeper ( 2 Min. Read )

Financial Contagion and Other Ills

Staff / Truthdig Aug 8, 2011 Governments on both sides of the Atlantic are making the same blind, stupid, ideological error: trying to rescue faltering economies with spending cuts. It doesn't work, as John Maynard Keynes explained decades ago. (more) Dig deeper ( 1 Min. Read )

Obfuscating Unemployment

Moshe Adler / Truthdig Jan 27, 2011 During the Great Depression, high rates of unemployment prevailed for 11 years The experience of seeing a free market system drive itself into a rut that it cannot pull itself out of is nothing new And we have long known the solutionThe experience of seeing a free market system drive itself into a rut that it cannot pull itself out of is nothing new. Dig deeper ( 3 Min. Read )

Economic Suicide

William Pfaff / Truthdig Jan 6, 2011 Is it a case of murder, or has the Western economy deliberately, if unwittingly, attempted suicide and nearly succeeded? Dig deeper ( 4 Min. Read )

Unemployment at a Four-Year High

Staff / Truthdig Aug 1, 2008 A government report released Friday signals worsening economic tides as the U.S. tries to navigate through its highest level of unemployment in four years. The seven-month-long trend of net job losses is likely to persist, with few signs of a turnaround on the horizon. Dig deeper ( 1 Min. Read )