- © Richard S. Grossman and Unsettled Account, 2010-13. Unauthorized use and/or duplication of this material without express and written permission from Richard S. Grossman is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Richard S. Grossman and Unsettled Account with appropriate and specific direction to the original content.
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Tag Archives: George W. Bush
Doomed to repeat it?
The Financial Times reported this week on a study by the Chartered Financial Analyst Society of the UK that argues that “financial amnesia” among institutional investors–particularly a failure to heed the lessons of past bubbles–has contributed to the global financial … Continue reading
Alan Meltzer’s straw “Keynesian”
Remember when “liberal” became the insult of choice among Republicans? Apparently, “Keynesian” has now taken on that status for Republican economists. Never mind that Keynesian is ill-defined (old Keynesian? new Keynesian? the Keynesian part of the neoclassical synthesis?)–making Keynesian a … Continue reading
John Cogan and John Taylor confuse temporary and permanent
In a recently published op-ed piece in the Wall Street Journal, Stanford economists John Cogan and John Taylor argue that: “Temporary, targeted tax reductions and increases in government spending are not good economics. They have repeatedly failed to increase economic … Continue reading
Posted in government budget
Tagged George H. W. Bush, George W. Bush, Jimmy Carter, John Cogan, John Taylor, Paul Volcker, Ronald Reagan
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Gary Becker and the law of the jungle
The sub-prime crisis and the ensuing economic slowdown have led many to question some widely held economic tenets, particularly the belief that unfettered markets inevitably lead to the best of all possible outcomes. Writing in yesterday’s Wall Street Journal, University … Continue reading
How bad does Edward Lazear need it to be?
Writing in Friday’s Wall Street Journal, Stanford professor Edward Lazear argues that the real danger to the American worker is too much government–in other words: too many taxes and too much spending. Prof. Lazear writes: During the debt-ceiling debate, President … Continue reading
Posted in Financial Crisis, government budget, subprime crisis
Tagged Alan Greenspan, Bill Clinton, Ed Lazear, George W. Bush
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Read Michael Boskin’s lips
Writing in today’s Wall Street Journal, Stanford economist Michael Boskin warns that the specter of “growth-destroying confiscatory” tax rates looms if the Obama Administration has its way. Be afraid. Be very afraid. Or maybe not. The Administration’s proposed changes to … Continue reading
Posted in government budget
Tagged Bill Clinton, deficit, George H. W. Bush, George W. Bush, Michael Boskin, Ronald Reagan, taxes
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John Taylor’s disingenuous op-ed
John Taylor’s op-ed in today’s Wall Street Journal bashes the White House budget proposals of February 14 and April 13 and lauds the House Republican budget proposal of April 5. I understand–or am coming to understand–that when writing for a … Continue reading
Posted in Financial Crisis
Tagged budget, George W. Bush, Great Depression, Great Recession, John Taylor, Medicaid
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