Seven Myths about Keynesian Economics
Muffin Escreveu:O crescimento da dívida dos USA nos anos anteriores à crise de 2008 foi realizada integralmente pelas administrações Republicanas. Clinton reduziu-a.
Por cá é o mesmo. Os governos mais à direita têm aumentado mais a dívida do que os mais à esquerda, embora muitas pessoas pensem o contrário.
It’s a recession when your neighbor loses his job; it’s a depression when you lose your own. — Harry S. Truman
If you're going through hell, keep going. - Winston Churchill
If you're going through hell, keep going. - Winston Churchill
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Não sei se estás a perceber. Repara que "keynesians" aparece entre aspas.
O que estou a dizer é que a maior parte dos políticos usam Keynes para justificar políticas de descontrolo orçamental.
Mas se achas que estou a denegrir Keynes...
O que estou a dizer é que a maior parte dos políticos usam Keynes para justificar políticas de descontrolo orçamental.
Mas se achas que estou a denegrir Keynes...
"People want to be told what to do so badly that they'll listen to anyone." - Don Draper, Mad Men
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Quico Escreveu:O problema nem é o que pensam, mas antes... o que fazem.
Quico, mantém a coerência do que escreves, e apresenta dados.
Com esse quadro apenas ilustras um dos mitos descritos acima, e que o autor diz ser falso.
O crescimento da dívida dos USA nos anos anteriores à crise de 2008 foi realizada integralmente pelas administrações Republicanas. Clinton reduziu-a.
É um exemplo que sendo fácil de provar (e mostrar em boneco), vai contra o que dizes, a menos que consideres as administrações Reagan e Bush I e II como "Keynesianas".
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Seven Myths about Keynesian Economics
Seven Myths about Keynesian Economics
Myth 1: Keynesians do not care enough about long-run economic problems
The claim that Keynesians are indifferent to the long-run is one of many myths about Keynesian economics…. This has it backwards. Conservatives who oppose Keynesian economics are not concerned enough about short-run economic problems, particularly unemployment, and failing to address our short-run problems can bring long-run harm…. Keynesians care very much about the long run, but they do not go along with the idea that neglecting short-run issues is the best way to solve our long-run problems.
Myth 2: Keynesians are not concerned with economic growth
Keynesians understand the value of economic growth, but they want firms to take full account of externalities such as carbon emissions, and they care how growth is distributed…. Growth is the key to rising incomes, but growth must lift all boats, not just the yachts, and avoid fouling the water.
Myth 3: Keynesians are advocates of big government
…. When the [policy] changes are truly temporary as Keynesian policy requires, the average size of government does not change at all.
Myth 4: Keynesians do not care about government debt
Keynesians understand that debt can be problematic under certain conditions, and that we need to address our long-run debt problem. The issue is getting the tradeoff between the cost of debt and the cost of unemployment correct….
Myth 5: Keynesians are unconcerned with inflation
Keynesians care first and foremost about maintaining high and stable levels of employment and income for working class households. To the extent that inflation interferes with these goals, of course it is of concern. What Keynesians object to is the misstatement of the costs of inflation versus the costs of unemployment….
Myth 6: Keynesians do not believe in monetary policy
Keynesians don’t deny that monetary policy can help the economy, but they disagree with those who say that monetary policy alone can cure deep recessions….
Myth 7: Keynesians use old, outdated, and inferior models
When the crisis hit and modern macroeconomic models failed, many of us turned to the old Keynesian model for guidance, a model built to answer the kinds of questions we were confronting. We didn’t have time to wait for the modern models to be fixed, and the old Keynesian model proved useful…. At every point in the crisis Keynesians used the very best model available without being overly concerned with when the model was built….
Interestingly, as modern “New Keynesian” models have been fixed they have generally supported the policy recommendations that came out of the older models. If those policies had been aggressively pursued, problems such as long-term unemployment might not be so bad today – even at this late date there’s still a need to do more.
in http://www.thefiscaltimes.com/Columns/2 ... aspx#page1
Myth 1: Keynesians do not care enough about long-run economic problems
The claim that Keynesians are indifferent to the long-run is one of many myths about Keynesian economics…. This has it backwards. Conservatives who oppose Keynesian economics are not concerned enough about short-run economic problems, particularly unemployment, and failing to address our short-run problems can bring long-run harm…. Keynesians care very much about the long run, but they do not go along with the idea that neglecting short-run issues is the best way to solve our long-run problems.
Myth 2: Keynesians are not concerned with economic growth
Keynesians understand the value of economic growth, but they want firms to take full account of externalities such as carbon emissions, and they care how growth is distributed…. Growth is the key to rising incomes, but growth must lift all boats, not just the yachts, and avoid fouling the water.
Myth 3: Keynesians are advocates of big government
…. When the [policy] changes are truly temporary as Keynesian policy requires, the average size of government does not change at all.
Myth 4: Keynesians do not care about government debt
Keynesians understand that debt can be problematic under certain conditions, and that we need to address our long-run debt problem. The issue is getting the tradeoff between the cost of debt and the cost of unemployment correct….
Myth 5: Keynesians are unconcerned with inflation
Keynesians care first and foremost about maintaining high and stable levels of employment and income for working class households. To the extent that inflation interferes with these goals, of course it is of concern. What Keynesians object to is the misstatement of the costs of inflation versus the costs of unemployment….
Myth 6: Keynesians do not believe in monetary policy
Keynesians don’t deny that monetary policy can help the economy, but they disagree with those who say that monetary policy alone can cure deep recessions….
Myth 7: Keynesians use old, outdated, and inferior models
When the crisis hit and modern macroeconomic models failed, many of us turned to the old Keynesian model for guidance, a model built to answer the kinds of questions we were confronting. We didn’t have time to wait for the modern models to be fixed, and the old Keynesian model proved useful…. At every point in the crisis Keynesians used the very best model available without being overly concerned with when the model was built….
Interestingly, as modern “New Keynesian” models have been fixed they have generally supported the policy recommendations that came out of the older models. If those policies had been aggressively pursued, problems such as long-term unemployment might not be so bad today – even at this late date there’s still a need to do more.
in http://www.thefiscaltimes.com/Columns/2 ... aspx#page1
Editado pela última vez por Visitante em 8/5/2013 11:35, num total de 1 vez.
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