[2656] Chinese New Year to cause a recession in Kuala Lumpur

Posted in Economics, Humor on February 6th, 2013 2 Comments »

With Chinese New Year being just around the corner, many are expected to leave Kuala Lumpur behind to visit families and relatives who live outside of the city for a week or so. Many of those living or working in the city have left the city. With the Chinese forming more than 40% of the [...]

[2562] A time for fiscal expansion at no cost, a challenge to minarchism

Posted in Economics on June 21st, 2012 No Comments »

This economic crisis is a challenge to advocates of small government, especially for those who establish their argument based on finance. Even those who ground their position on something more profound like libertarians are being challenged simply out of the practicality of the situation. The situation is that the cost of borrowing for several governments [...]

[2354] Fight of the Century: Keynes vs. Hayek Round Two

Posted in Economics, Entertainment on April 29th, 2011 No Comments »

[2283] Of my issues with introductory macroeconomics

Posted in Economics, Education on December 3rd, 2010 No Comments »

Although normatively one should not judge a book by its cover, positively, first impression matters. The first few lessons in economics are likely to affect a person’s perspective on the roles of government. Those who are familiar with economics and who ended up skeptical with the concept of activist government have to suffer those first [...]

[2271] Of Obama is not a Keynesian, he’s an American damnit

Posted in Economics, Humor on November 3rd, 2010 No Comments »

Hahaha via Greg Mankiw. This takes the cake. Agitated woman: Why, why do you have the sign? Man: Arr… do you disagree with it? Agitated woman: …that he’s Keynesian, that he’s like not American. Is that what you’re saying? Man: Well, we’re… we’re asking a question.

[1175] Of supply-sider versus demand-sider, round n

Posted in Economics on April 12th, 2007 No Comments »

Approximately 40 years after the debate began, the battle between supply-siders and the Keynesians (and to some extent, monetarists) continues. It first came to surface with Bruce Barlett’s article at the NYT: Today, hardly any economist believes what the Keynesians believed in the 1970s and most accept the basic ideas of supply-side economics — that [...]