Tag Archives: federal reserve

Why a new recession is quite possible

By Arthur Middleton Hughes The US has been going through a severe recession since 2008. Unemployment by 2011 is at 9.2%. GDP growth is less than 1.5%. Millions of unemployed have stopped looking for work. The picture is bleak. To … Continue reading

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Why Keynesian Economics is a Disaster

Not only does the Keynesian system require arbitrary controls, but the particular form of inflation which Keynes recommended – the socialization of investment which he thought would facilitate the spending of income – means… the transfer of power to determine … Continue reading

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