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Tag Archives: financial reform
Follow-up: Regulators Gone Wild – the “Cumulative Effect”
Our July 9 screed on the “other Keynesian paradigm” argued that over-regulation was killing what Keynes called “animal spirits” in the private economy. We quoted Jamie Dimon’s peroration to Ben Bernanke where Jamie ticked off a gigantic (but still incomplete) … Continue reading
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Tagged financial reform, Keynsian animal spirits, Regulation
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The Other Keynesian Paradigm
Employment growth has been terrible for the last few years, and Keynesian economists think they know why – companies aren’t hiring because demand for their products is weak in a debt-burdened economy. The problem with this notion is that corporate … Continue reading