It is a well-known quote commenting economic policies:”We are all Keynesians right now.” It is true, at least in political arena, and even for free-market economists becoming careered politicians. Stimulus plans, aimed to substitute the lost purchasing power due to the financial crisis, are setup just within such a short time and are so roughly planned and enormously empowered comparing to their sizes and authority. However, majority public opinions overwhelming support these government expansions since “this crisis is not measurable and never had happened before.”
於 Democracy, Economics, Governance, State vs People, publius 張貼 | 1個回應#187;
Throughout the post second world war period, America’s economy played the role of a shock absorber to the global economy by being the spender of the last resort. Now, with the government and private American in debt, it is up to the savers of foreign currency reserve to spend. (i put China in the title because they are the largest holder of foreign reserves.) These savers has been buying huge stockpiles of American debt partly for the purpose of keeping their currency cheap to encourage Americans to buy their export. Its time to spend what they have saved by cashing in their American debt to buy American export. 繼續閱讀 »
於 China, Economics, neouto 張貼 | Leave a Comment »
Over at Economist.com, they got Brad DeLong and Luigi Zingales representing Keynesianism and Neoclassical respectively over an online debate on the proposition “We are all Keynesians now.”
The proposition is awkwardly framed, i mean come’on, arguing for the proposition is like arguing that entire political and economic elites agrees over the remedy needed to recover from the current financial crisis, which is an impossible position to defend. This forced DeLong to declare defeat in the opening sentence of his opening remarks. And belatedly, moderator re-frame the debate to be “whether we—or rather, economists and policymakers—should be [Keynesian].” on the third day.
anyway, here is the problem 繼續閱讀 »
於 Economics, Governance, neouto 張貼 | Leave a Comment »
於 Business, China, Economics, Statistics, Taiwan, akaruisonne, current event, 經濟 張貼 | 6 迴響 »
昨天收到一封轉來轉去的e-mail,標題叫做「了解消費券的意義VS務必用消費券購買國貨!!」,儘管開頭就提到「經濟學」,我沒有讀到任何經濟學的邏輯,只看到通篇似是而非的論證。其中,文章提到:
消費券和現金的差別在哪裡?
如果大家拿到了現金都存起來,豈不又掉入「儲蓄的矛盾」、「貧窮的陷阱」之中?沒有儲蓄價值的消費券才能創造現金的流動啊!
正好最近幫妹妹複習大二個體,就用簡單的兩期模型,討論消費券與現金究竟有什麼不同。 繼續閱讀 »
於 akaruisonne, current event, 政府 v.s. 人民, 經濟, 謬誤 張貼 | 8 迴響 »
看到最近沸沸揚揚的消費券議題, 從之前就想要寫些什麼討論一下這個公共政策, 但無論是在意識型態咖啡, 異鄉人或是 Evil Capitalist Heroes 都有淺白但是深刻的討論, 如果再多寫什麼, 都有班門弄斧的嫌疑, 只是手癢的時候還是停不住, 由於消費券政策的『勢在必行』, 不妨來討論一下, 怎麼樣衡量消費券的效果。 繼續閱讀 »
於 Economics, Governance, publius, 政府 v.s. 人民, 經濟 張貼 | Leave a Comment »
Although our government is too arrogant to respond to the students on the Freedom Square, their actions seem to raise some international concerns.
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Freedom House Calls for Inquiry into Taiwan Clashes
Freedom House urges Taiwan’s government to create an independent commission to thoroughly investigate clashes between police and activists protesting Chinese envoy Chen Yunlin’s historic visit and recommend needed reforms.
於 Democracy, akaruisonne, current event, 政府 v.s. 人民 張貼 | 4 迴響 »
看最近的新聞莫名地想起一則小故事,出處應該是「生命中的經濟遊戲」,內容大概是這樣的: 繼續閱讀 »
於 Economics, akaruisonne, current event, 政府 v.s. 人民, 經濟, 謬誤 張貼 | 3 迴響 »
那天傍晚,我也被架上了警備車……
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於 Democracy, Society, akaruisonne, current event, 政府 v.s. 人民, 謬誤 張貼 | Leave a Comment »