Tag Archives: John Maynard Keynes

Wages, Prices And The End Of Laborism?

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa When Ben Bernanke, the current Chairman of the Federal Reserve, entered the doctoral program in economics at the Massachusetts Institute of Technology (MIT) in 1975 the country was reeling from the 1973 Arab oil … Continue reading

Posted in Economics, Politics | Tagged , , , , , , , | Leave a comment

Lafferian Keynesianism

By Chandrashekar (Chandra) Tamirisa, (On Twitter) @c_tamirisa The Washington power lunch and dinner story goes that economist Arthur Laffer, at some point during the Ford Administration, told Dick Cheney and Donald Rumsfeld about the inverted parabolic curve relating taxes and government revenues by … Continue reading

Posted in Economics, Politics, Transformations LLC | Tagged , , , | Leave a comment