Tag Archives: milton friedman

A Keynesian Take on the Debt-Ceiling Deal: Paul Krugman Derides Obama’s Faith in the “Confidence Fairy”

Here’s a small part of what Paul Krugman recently wrote in the New York Times on the debt-ceiling deal: We currently have a deeply depressed economy. We will almost certainly continue to have a depressed economy all through next year. And … Continue reading

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John Boehner: If jobs are lost “so be it.”

The Los Angeles Times reports that the Repubican Speaker of the House, John Boehner, made the following retort to job losses from recently proposed federal budget cuts: “so be it.” Here’s the Los Angeles Times: House Speaker John Boehner (R-Ohio) dismissed concerns that the spending cuts … Continue reading

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