TITLE

Less is more: Dr. No's Magical Rx for curing the ills of government

AUTHOR(S)
Brandon, Hembree
PUB. DATE
May 2011
SOURCE
Southwest Farm Press;5/19/2011, Vol. 38 Issue 13, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses the youthful idealism of a U.S. politician which credited him for more no votes on issues and legislation than any other politician in the U.S. history including the elimination of most unconstitutional federal agencies, the replacement of the monetary policy based on Keynesian economics and the uncontrolled capacity of the Federal Reserve Board to print money as the prime reason for the economic mess in the country.
ACCESSION #
60867767

 

Related Articles

  • Measuring the equilibrium real interest rate. Justiniano, Alejandro; Primiceri, Giorgio E. // Economic Perspectives;2010 1st Quarter/2nd, Vol. 34 Issue 1/2, p14 

    The article offers information on real interest rates (RIR) in the U.S. It discusses the Keynesian concept of equilibrium real interest rates. It focuses on the impact of RIR gaps on aggregate demand and supply and how RIR gaps determine inflation and output. The role of these gaps in monetary...

  • New Keynesian Economics: A Monetary Perspective. Williamson, Stephen D. // Economic Quarterly (10697225);Summer2008, Vol. 94 Issue 3, p197 

    The article presents the author's view on the New Keynesian economics relative to solving the credit market turmoil in the U.S. He states that typical New Keynesian models ignore credit markets, monetary frictions and banking. He adds that probably the economics profession needs to be educated...

  • Treasury Office of Inspector General Releases Annual Plan for Fiscal Year 2013.  // BSA/AML Update;3/15/2013, Vol. 9 Issue 6, p1 

    The article reports on the launch of the annual plan of the U.S. Department of the Treasury Office of Inspector General (OIG) for fiscal year 2013. The agency's annual plan outlines the fiscal year 2013 audit, which focus on the department's major initiatives and challenges. It also contemplates...

  • Rules and Regulations: DEPARTMENT OF JUSTICE.  // Federal Register (National Archives & Records Service, Office of;3/26/2014, Vol. 79 Issue 60, p17434 

    The article reports that the U.S. Department of Justice was adjusting the civil monetary penalties for inflation assessed by the Civil Rights Division in response to the Federal Civil Penalties Inflation Adjustment Act of 1990's section 4. It mentions that the 1990 act was provided for the...

  • An Exploration of Optimal Stabilization Policy. MANKIW, N. GREGORY; WEINZIERL, MATTHEW // Brookings Papers on Economic Activity;Spring2011, Issue 1, p209 

    This paper examines the optimal response of monetary and fiscal policy to a decline in aggregate demand. The theoretical framework is a two-period general equilibrium model in which prices are sticky in the short run and flexible in the long run. Policy is evaluated by how well it raises the...

  • Reaching Inflation Stability. Moreno, Antonio // Journal of Money, Credit & Banking (Ohio State University Press);Aug2004, Vol. 36 Issue 4, p801 

    Inflation volatility has significantly declined over the last 20 years in the U.S. To find out why, I follow a structural approach. I estimate a complete New Keynesian model which imposes cross-equation restrictions on the time series of inflation, the output gap, and the interest rate. I...

  • Trend inflation and macroeconomic volatilities in the post-WWII U.S. economy. Castelnuovo, Efrem // North American Journal of Economics & Finance;Mar2010, Vol. 21 Issue 1, p19 

    Abstract: This paper estimates a new-Keynesian model of the business cycle for the post-WWII U.S. economy and performs theoretical and counterfactual simulations to isolate the role played by systematic monetary policy and macroeconomic shocks in shaping the volatilities of inflation and output....

  • Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board, Washington, D.C. Guerrieri, Luca; Iacoviello, Matteo // Working Papers -- U.S. Federal Reserve Board's Finance & Economi;7/7/2014, Issue 47, preceding p1 

    We describe how to adapt a first-order perturbation approach and apply it in a piecewise fashion to handle occasionally binding constraints in dynamic models. Our examples include a real business cycle model with a constraint on the level of investment and a New Keynesian model subject to the...

  • Revisiting the 1929 Crisis: Was the Fed Pre-Keynesian? New Lessons from the Past. Diebolt, Claude; Parent, Antoine; Trabelsi, Jamel // Historical Social Research;2012, Vol. 37 Issue 2, p280 

    This article is organized as follows: in section 1, we discuss the Bordo et al. (2002) monetarist counterfactual analysis. Section 2 presents data. In section 3, we address the following question: referring to Keynes' definition of liquidity trap, we ask ourselves whether there were episodes of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics