This blog consistently emphasizes the importance of microeconomics over macroeconomics. Indeed, I argue that macroeconomics is not economics but rather a part of either history or statistics or some other [...]
Macroeconomics
 Keynes’ “Animal Spirits”Macroeconomics does not work for a multitude of reasons. First and foremost is that it does not pick up the “changes” at the microeconomic level. That is, it does not [...] |
 Witch Doctor EconomicsThe economic packages employed by the Bush Administration and extended by the Obama Administration are being increasingly questioned. Similar stimulus policies have been used for 50 plus years, although never in [...] |
 Keynesian Economics ExplainedMark W. Hendrickson wrote a piece on Keynesian Economics in American Thinker today. It is an excellent read for fans or opponents of Keynes. Even better for those who want [...] |
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 Why Obamanomics Will Not Improve The Economy“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Friedrich Hayek The economic programs and policies currently [...] |
 Econ 301: Macroeconomics – Differences in ApproachImage by m.a.r.k via Flickr Econ 301 are for Economics geeks only. The following post appeared on the website Taking Hayek Seriously. It deals with the sub-set of economics known [...] |
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