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
China isn’t prepared to accept the “theft” of Chinese technology company TikTok, and has the capability to respond to Trump’s move to push ByteDance to sell short-video app TikTok’s U.S. operations to Microsoft, state-controlled China Daily newspaper said on Tuesday.
Even after months of working from home, you’d be forgiven for thinking the whole experience still doesn’t quite feel…well, normal. In addition to all the obvious environmental changes of handling your 9 to 5 from your den or dining room table, the technological aids you didn’t realize you loved back at the office probably don’t […]
Running a small business drops a lot on to the plate of just one person. And between juggling a dozen tasks that need to get handled daily, it’s no surprise that there are a dozen more equally vital tasks that can just as easily go overlooked. While posting to social channels and making web posts […]
The importance of reading is well documented. About half of America’s unemployed between 16 and 21 years old are functionally illiterate. And there’s an almost direct line between how much you read and your earning potential, with the richest Americans three times more likely to read than those with a household income below $30,000. However, […]