In the early stages of the Keynesian revolution, macroeconomists emphasized fiscal policy as the most powerful and balanced remedy for demand management. Gradually, shortcomings of fiscal policy became apparent. The shortcomings stem from timing, macroeconomic theory, and the deficit itself.
– Paul Samuelson, Economics (15th ed.) [1995]
April 28, 2022
JFK’s Rejection of the Anti-Russia Animus
Illinois Republican congressman Adam Kinzinger is going ballistic over comments made by fellow congressman Rand Paul and Fox News commentator Tucker Carlson that supposedly suggest a support of Russia in the midst of the Russia-Ukraine war. Never mind that neither Paul nor Tucker said any such thing. And never mind that the United States is ostensibly not a party to the war. …
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Categories: Media