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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.

Most Popular Video

Wednesday, 16 Apr 2014 | 4:40 AM ET

Loyalists around the world have embraced it as the cryptocurrency of the future, but some big names on the street differ widely in their beliefs about bitcoin. The Oracle of Omaha thinks it's a "joke." Tech entrepreneur Marc Andreessen counters that Buffett is out of touch, while bitcoin believers like Jonathan Rumion fully embrace the digital currency by buying groceries with bitcoin and even getting paid in bitcoin. CNBC's Mary Thompson reports.

Wednesday, 16 Apr 2014 | 3:00 AM ET

European shares opened higher on Wednesday as better-than-expected Chinese growth data buoyed sentiment.

Wednesday, 16 Apr 2014 | 2:00 AM ET

Brady Dougan, CEO of Credit Suisse, says the bank's fixed income business is "strong", while the investment banking arm has performed well.