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“That credit crunch ain’t a liquidity trap, just a broke banking system, I’m done – that’s a rap.”

By Julian Harris
January 26th, 2010 at 12:34 pm | 3 Comments | Posted in Economics

Back on my now-virtually-dormant blog, I posted a rap video from across the pond to mark the start of the US stimulus package, kicked off by the legendary George W. Bush.

Now that we’re further in these stimulus attempts, I’m delighted to bring you a follow-up, to aid your understanding of the ideological Keynes v Hayek battle.

Enjoy…

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Keynesians, Neo-liberals and the Government’s economic recovery train wreck

By Tom Papworth
December 2nd, 2009 at 12:12 pm | Comments Off on Keynesians, Neo-liberals and the Government’s economic recovery train wreck | Posted in Economics

The government’s economic recovery policy consisted of two tracks: “fiscal stimulus” and “quantitative easing.” The former was discredited decades ago, but now the latter, too, appears to be failing, despite it being the tool-of-choice of the neo-liberal consensus that dominated macro-economics since the 1980s.

My latest article at the IEA blog spells out why.

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