[ The State of Interpretation of Keynes • By John B. Davis, ed. • Boston: Kluwer Academic Publishers, 1994. This review was originally published in the Review of Austrian Economics (1996)] A half-dozen papers together with formal comments and an introduction have been assembled to help establish the state of interpretation of Keynes. The
On October 15, Ben Bernanke spoke at the Boston Fed’s conference, “Monetary Policy in a Low-Inflation Environment.” His remarks were long and ponderous and consisted mostly of “Fedspeak” along with seeming excerpts from a typical intermediate-macroeconomics textbook. He rehashed the Fed’s statutory mandate of maximum employment and price stability
Michael Pollaro says: “A $2.5 trillion deficit will create quite a waterfall on this graph, don’t you think?” Here is the waterfall-deficit graph (with an attitude). I created it when the projected red ink was “only” $1.6 trillion, after which Obama was to cut it in half by the end of his first term.
The Review of Austrian Economics , Volume 5, Number 2 (1991)
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
