Farewell to Old Economic Nostrums
Paul Craig Roberts
Counterpunch
January 22, 2008
With his tax rebate policy, President Bush has put economic policy back on a Keynesian basis. Will it work?
During the two decades it was in effect, supply-side economics had restorative effects on the American economy. Its predecessor, Keynesian demand management, stimulated demand more than supply. Consequently, …
Previous Entries
- Stewart: How MSNBC can take ‘mouthpiece’ reins from Fox
- 90% of U.S. Infant Formula May Be Contaminated with Melamine; FDA Abruptly Declares Chemical Safe for Babies
- Canadian Govt Poised to Fall After Less Than 2 Months
- Who Killed John Lennon?
- Cheney, Gonzales indictments dropped
- Russia touts itself as ‘anti-American’ world power
- Venezuela Proposes New Regional Currency During ALBA Summit
- US manufacturing hits 26-year low: ISM
- Family Guy: Lois sways undecided voters with two words: ‘Nine-Eleven’
- Never seen before!: Fox news 5 reports WTC 7 collapse before it happens
