Posted on 08 May 2011. Tags: Attempts, Central Questions, Economic Model, Economic Recession, Followers, Free Markets, Friedrich Hayek, Government Intervention, Government Spending, Keynes, Keynesian Economics, Liberals, National Bureau Of Economic Research, Natural Disasters, Progressives, Prosperity, Slump, Struggle, Troubled Times, Video Check
This is an excellent video produced by EconStories explaining the struggle between the followers of Keynesian Economics that the Liberals Progressives (like Obaba) subscribe to and the Austrian Economic model of free markets without heavy handed government intervention preferred by Friedrich Hayek. From to the EconStoried site: According to the National Bureau of Economic Research, [...]
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Posted in Featured, News, Video
Posted on 13 December 2010. Tags: Benefit, Collecting Unemployment Benefits, Dollar Reduction, Economic Recession, Economic Sense, Government Check, Instances, Job, Jobs, Minimum Wage, Money, Starvation, Travel Expenses, Unemployment Check, Unemployment Checks, Using The Word
For those unfortunate Americans who have lost their jobs due to the economic recession we are currently experiencing, unemployment checks, while paltry, are the difference between being on the streets and having a place to live. Eating or starvation. Sometimes it fails to do even that much. Face it, no one is getting rich on [...]
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Posted in Opinion