http://www.bickerstafferecord.org.uk/?p=582 Mon, 26 Jul 2010 14:32:56 +0100 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bickerstafferecord.org.uk/?p=582&cpage=1#comment-71406 Ideology over algebra « Though Cowards Flinch Tue, 15 Sep 2009 16:00:25 +0000 http://www.bickerstafferecord.org.uk/?p=582#comment-71406 [...] This is the core of the matter – the Keynesian stimulus only works if there is a wider Keynesian environment in which it can operate; in circumstances where households and firms are uncertain about the effects of national debt and interest rates, it doesn’t work (I’ll leave aside the notion that tax rises damp down investment, save to note that I have spent time disputing that here). [...] [...] This is the core of the matter – the Keynesian stimulus only works if there is a wider Keynesian environment in which it can operate; in circumstances where households and firms are uncertain about the effects of national debt and interest rates, it doesn’t work (I’ll leave aside the notion that tax rises damp down investment, save to note that I have spent time disputing that here). [...]

]]> http://www.bickerstafferecord.org.uk/?p=582&cpage=1#comment-63819 Liberal Conspiracy » Developing a new economic common sense Sat, 04 Jul 2009 15:42:17 +0000 http://www.bickerstafferecord.org.uk/?p=582#comment-63819 [...] has continued to hold sway over public opinion for a generation and more. Further, I’ve written copiously about the ‘myth’ that raising taxes on the wealthy (personal or corporate) will drive [...] [...] has continued to hold sway over public opinion for a generation and more. Further, I’ve written copiously about the ‘myth’ that raising taxes on the wealthy (personal or corporate) will drive [...]

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