All Posts Tagged With: "Say’s Law of Markets"
Paying the Unemployed Does Not Stimulate an Economy
Many in Congress as well as the President and some of his economic advisers have argued that extending the period for paying the unemployed will stimulate the U.S. economy out of its sluggish performance. Would any of them consider as valid an argument that giving money out of their own pockets to an unemployed member [...]
24Nov2010 | James C. W. Ahiakpor | 17 comments | ContinuedUnderstanding Say’s Law of Markets
One of the problems in the world of ideas, particularly in the social sciences, is that the insight behind old ideas can get lost as new ideas crowd the intellectual landscape. Often, the historian of ideas has the thankless task of reminding his colleagues that what they think some long-dead writer said is not, in [...]
1Jan1997 | Steven Horwitz | 38 comments | Continued-
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