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Keynesian Economics

  • Fed vs. Congress: Who's Enabling Whom? Tuesday, 28 May 2013 | 1:02 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    Many say the Fed's easy money policies are enabling congressional intransigence. But it may really be the other way around.

  • Roger Nightingale, economist at RDN Associates, tells CNBC that every country who has ever tried Keyne's policy has failed, including Japan.

  • Ferguson: Sorry for 'Stupid' Remarks Sunday, 5 May 2013 | 5:22 AM ET
    Harvard historian Niall Ferguson

    Harvard historian Niall Ferguson apologized for "stupid" remarks he made about economist John Maynard Keynes, which evoked a firestorm.

  • Lawrence Summers, Director of President Barack Obama's National Economic Council

    Former U.S. Treasury Secretary, Larry Summers has argued the U.K. faces a lost decade like Japan unless the government changes its economic policies, but economists and experts have told CNBC that the reasons Summers cites are wrong.

  • Government payouts—including Social Security, Medicare and unemployment—make up more than a third of US wages. “The U.S. economy has become alarmingly dependent on government stimulus,” says one economist.