The Politics of Keynesianism

A Business Standard editorial today says “We just may have the makings of a painful trade-off between sustaining growth and fiscal discipline”. Essentially that we may have to “government spend” our way out of the economic crisis.

Keynesiansim is now rampant in the press, more often implicit than explicit. The doctrine however is . . . → Read More: The Politics of Keynesianism

Consumer, Financial, and Investor Indexes Continue to March Higher

Consumer confidence indexes continued their march higher in May. The widely watched University of Michigan and Reuters index rose in its final reading of the month reaching it’s highest level since last September.

Previously the Michigan index rose to 68.7 from 65.1 in April.

The more dynamic Rasmussen consumer index also continues to post . . . → Read More: Consumer, Financial, and Investor Indexes Continue to March Higher