The Unz Review • An Alternative Media Selection
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Paul Craig Roberts
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 Entire ArchiveSupply-Side Economics Items

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Just as Wikipedia has difficulty reporting biographies accurately, it has difficulty reporting accurately on supply-side economics and other subject matter. So do economics professors in the class room. Financial journalists also have no idea what they call “Reaganomics” is. If you click the link below, you can read my brief, clear explanation of supply-side economics... Read More
Supply-Side economics burst onto the economic policy scene in Washington, D.C., on September 21, 1975 in the Sunday Washington Star in an article I had written for US Representative Jack Kemp that provided a supply-side economic basis for his capital formation bill. Subsequently, I generalized the supply-side approach when I realized that changes in marginal... Read More
The gangsters who run the US financial system have determined opponents. Among them are Elizabeth Warren, Nomi Prins, Pam and Russ Martens, Michael Hudson, and David Stockman. I have often expressed my admiration for Warren, Prins, Martens, and Hudson. In his latest column, David Stockman has earned my admiration and forgiveness. I say forgiveness because... Read More
Supply-side economics is an innovation in macroeconomic theory and policy. It rose to prominence in congressional policy discussions in the late 1970s in response to worsening Phillips Curve trade-offs between inflation and unemployment. The postwar Keynesian demand management policy had broken down. The attempts to stimulate employment brought higher rates of inflation, and attempts to... Read More