David Stockman: The Keynesian Toolbox Is Empty
-Tom Woods
RON PAUL NEWS
The Keynesians have had their way, and the result is sluggishness, even retrogression, and a global bubble economy. David Stockman brings sanity to it all.(listen)
What a pleasure to be joined once again by David Stockman! I strongly urge you to visit his blog and check out his latest book, The Great Deformation (see below).
Issues Discussed
- Financial reporters whose articles take Keynesianism as an unstated starting point
- Is the apparent Chinese prosperity real?
- If China’s economy suffers a reversal, how would this affect the American consumer and economy?
- Why did a Harvard professor recently urge the abolition of cash?
- How can Paul Krugman claim that nonexistent “austerity” failed, but not think Japan’s experiment in Keynesianism failed?
- What’s the story in Japan?
About the Guest
David Stockman, a former member of the U.S. Congress, served as chairman of the Office of Management and Budget under Ronald Reagan (1981-1985). Following a subsequent career on Wall Street, Stockman opened his own private equity fund company, Heartland Industrial Partners, in Greenwich, Connecticut.
RON PAUL NEWS
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