Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis

Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis

Jeremy R. Hammond / Aug 25, 2019

Ron Paul vs Paul Krugman Austrian vs Keynesian Economics in the Financial Crisis Why do modern economies go through the business cycle of booms and busts What caused the U S housing bubble that precipitated the financial crisis Who correctly predicted it and who should we listened

  • Title: Ron Paul vs. Paul Krugman: Austrian vs. Keynesian Economics in the Financial Crisis
  • Author: Jeremy R. Hammond
  • ISBN: 9781470070724
  • Page: 137
  • Format: Paperback
  • Why do modern economies go through the business cycle of booms and busts What caused the U.S housing bubble that precipitated the financial crisis Who correctly predicted it and who should we listened to for wisdom moving forward Ron Paul vs Paul Krugman is an examination of the root cause of the crisis as seen through the eyes of two prominent commentators on the suWhy do modern economies go through the business cycle of booms and busts What caused the U.S housing bubble that precipitated the financial crisis Who correctly predicted it and who should we listened to for wisdom moving forward Ron Paul vs Paul Krugman is an examination of the root cause of the crisis as seen through the eyes of two prominent commentators on the subject, each representing a different school of economic thought Congressman and presidential candidate Ron Paul is today perhaps the most visible proponent of the Austrian school, whose luminaries include Ludwig von Mises and Nobel Prize winning economist Friedrich A Hayek Paul Krugman is today perhaps the most well 0known voice for the Keynesian school, whose adherents espouse the theories of British economist John Maynard Keynes A comparative analysis of these two schools of economic thought as applied to the financial crisis and as promulgated through the views of Ron Paul and Paul Krugman is instructive Whose school offered explanatory and predictive power Whose diagnosis and prescriptions have been better suited to deal with the problem Who should we listen to now

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      Posted by:Jeremy R. Hammond
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    About "Jeremy R. Hammond"

      • Jeremy R. Hammond

        I m an independent political analyst and recipient of the Project Censored Award for Outstanding Investigative Journalism I m the founder and editor of Foreign Policy Journal and author of Ron Paul vs Paul Krugman Austrian vs Keynesian Economics in the Financial Crisis 2012 The Rejection of Palestinian Self Determination The Struggle for Palestine and the Roots of the Israeli Arab Conflict 2009 My forthcoming book is Obstacle to Peace The US Role in the Israeli Palestinian Conflict For updates, exclusive sneak peeks, and notification when it becomes available, subscribe to my free newsletter at JeremyRHammond.


    956 Comments

    1. This is a detailed source for what many should know Krugman is an ego maniac so wedded to his ideology that everything he sees reaffirms his biases. His advice is cooking the U.S. like the proverbial frog in a beaker. Paul is also wedded to his philosophy (but much more humble) but to many sounds like a broken record. The difference is Paul wants the government to leave us alone. Krugman wants more intervention, but he has only one hammer - fiscal and monetary policy. If you're a fan of manageme [...]


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