In "Fear the Boom and Bust," John Maynard Keynes and F. A. Hayek perform a gangsta rap about their competing economic theories:
John Maynard Keynes, wrote the book on modern macro
The man you need when the economy's off track, [whoa]
Depression, recession now your question's in session
Have a seat and I'll school you in one simple lesson
BOOM, 1929 the big crash
We didn't bounce back--economy's in the trash
Persistent unemployment, the result of sticky wages
Waiting for recovery? Seriously? That's outrageous!
I had a real plan any fool can understand
The advice, real simple--boost aggregate demand!
C, I, G, all together gets to Y
Make sure the total's growing, watch the economy fly
The new Ikea Catalog is making a big bet on very small living spaces — the kind of place that costs more than half your monthly salary but is too small for a dinner-table, let alone a separate room for your kids, who are supposed to sleep in a bunk-bed in the living room (“Why […]
Retired Brigadier General John Adams served for 30 years, including a stint as a military intelligence officer: in an op-ed in The Hill, he says that while he supports trade deals, the secretive Trans Pacific Partnership has almost nothing to do with trade, and will hasten America’s de-industrialization, making it harder for the US military […]
Microsoft’s deceptive hard-sell to gets users to “upgrade” to Windows 10 (the most control-freaky OS to ever come out of Redmond) is made all the more awful by just how much personal, sensitive, compromising data Microsoft exfiltrates from its users’ PCs once they make the switch.
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