Keynesian economics

(Newser) - It's not your usual criticism of Keynesian economics: Harvard professor Niall Ferguson told a group of financial advisers this week that John Maynard Keynes' policies were flawed because he was gay and childless, and thus didn't care about future generations, reports Tom Kostigen at Financial Adviser . Ferguson also...

(Newser) - At this point in his presidency, Ronald Reagan was presiding over a strong recovery, and President Obama clearly is not. The biggest difference? Government spending, writes Paul Krugman in the New York Times . Real per-capita government spending is up 6.4% under Obama, but under Reagan it soared 14.4%....