Category Archives: Keynesian

McDonald’s: Just as Difficult to Get Into as Harvard By Percentage

Percentage of applicants offered undergraduate admission to Harvard this year:  6.2 Percentage of applicants accepted for employment on McDonald’s National Hiring Day in April: 6.2 – from Harper’s Index, June 2011 via TYWKIWDBI Hard days to an applicant of most … Continue reading

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Mooching the Safety Net in a Recession

I really liked this short post in Modeled Behavior a lot, mostly because I agree with it. Karl Smith takes issue with this part of Casey Mulligan’s assertion. One interpretation of these results is that the safety net did a … Continue reading

Posted in Economics, Justice, Keynesian, Safety Net | Tagged , , | Leave a comment

Most Everybody’s a Keynesian

Faced with this prospect (triggered defense cuts), Republicans — who normally insist that the government can’t create jobs, and who have argued that lower, not higher, federal spending is the key to recovery — have rushed to oppose any cuts … Continue reading

Posted in Economics, economy, Fiscal Policy, Government, Keynesian, Liars, Policy | Tagged , , , , , , | Leave a comment