BOSTON – Researchers funded by the National Institutes of Health have found evidence that a retrovirus that has been linked to schizophrenia and multiple sclerosis may also cause Keynesianism. The ...

One election at a time, voters in Europe are tossing out politicians associated with “austerity”. This week, it was national elections in France and Greece, and state elections in part of Germany.

Henry Farrell and John Quiggan make a pretty fundamental point about Keynesian economics -- it's not a mandate for larger government or larger deficits in general: Contrary to the beliefs of nearly ...

You can hone in on Keynesianism or zoom out further and focus on the broad topic of top-down control. Any way you cut it, it has become evident many times throughout history and is glaringly obvious ...

In their 1977 book, “Democracy in Deficit,” economists James Buchanan and Richard Wagner traced the intellectual roots of the rise in postwar federal budget deficits to John Maynard Keynes’s ...

Science consists of theories that can be falsified (proved wrong) by evidence. In fact, a single inconsistent data point will (and should) invalidate even the most cherished and long-standing ...

Michael Roberts is a British Marxist economist. He runs a blog called The Next Recession. This is from a recent post, Inequality: the cause of crisis and depression?, on that blog: But it is one thing ...

STAMFORD, Conn. (MarketWatch) — I do not subscribe to the conventional economics view of how the world works. If there are two theories that animate the Powers That Be when it comes to defining ...

Last week, Paul Krugman, a Princeton faculty member and New York Times columnist, was awarded the Nobel Memorial Prize in Economic Sciences. This is the moral equivalent of being hailed as a great ...

Fortuitously, I recently stumbled on a copy of Henry Hazlitt's "The Failure of the 'New Economics,' " 1959, reprinted 1973. The "New Economics" referred to by the esteemed Mr. Hazlitt -- who replaced ...