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Why the U.S. Stimulus Package is Bound To Fail
Much is to be gained by viewing the contemporary crisis as a surface eruption generated out of deep tectonic shifts in the spatio-temporal disposition of capitalist development. The tectonic plates are now accelerating their motion and the likelihood of more frequent and more violent crises of ...
Deal Journal - WSJ.com : Mean Street: Why Obama's Homeowner Rescue Is Bound to Fail
blogs.wsj.com — Is there anything more heartless than foreclosing on a home and throwing a family out on the... street? How about taxing the family next door into penury to pay for the reckless borrowing of its neighbors? meanstreet Welcome to the Obama Homeowner ... (more) Deal Journal - WSJ.com : Mean Street: Why Obama's ...
Stimulus Watch: Web Watchdog for the Stimulus Package
businesspundit.com — StimulusWatch is a new wiki that uses online feedback to hold the government accountable for its elephantine... stimulus package. From the website : StimulusWatch.org was built to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to ... (more) Stimulus Watch: Web Watchdog for the Stimulus Package
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Links Valentine's Day
naked capitalism — ... Why the U.S. Stimulus Package is Bound To Fail David Harvey (hat tip reader Anthony). Explains why, even if you are a die-hard Keynesian, the US will prove unable to mount an effective stimulus program. ...

Department of "Huh?": In Praise of Neoclassical Economics Department
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Reading Marx’s Capital with David Harvey: Why the U.S. Stimulus Package is Bound To Fail: A Financial Katrina - Remarks on the Crisis: Much is to be gained by viewing the contemporary crisis as a surface eruption generated out of deep tectonic shifts in the spatio-temporal disposition of capitalist development. The tectonic plates are now accelerating their motion and the likelihood of more frequent and more violent crises of the sort that have been occurring since 1980 or so will almost certainly increase. The manner, form, spatiality and time of these surface disruptions ...

David Harvey vs. Brad DeLong Dustup!
EconoSpeak — ... David Harvey argues that the stimulus package is bound to fail. On the one hand, the current package is not big enough and on the other hand, the US can't finance a big enough stimulus package because of its recent debt history. Brad DeLong calls Harvey's argument ...

Brad DeLong on Karl Marx the Economist, the Activist, and the Moralist-Prophet
Division of Labour — Building on yesterday's post, the complete set of DeLong's commentaries on Marx is below. DeLong has gotten into a bit of an argument with CUNY anthropologist David Harvey about the stimulus. Here's Harvey's first offering , ...

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krugman.blogs.nytimes.com 6/20/2009 — Too big to fail, even in 1982 I'm a big advocate of much strengthened financial regulation. One argument I don't buy, however, is that we should try to shrink financial institutions down to the point where nobody is too big to fail. Basically, it's ...
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austrianeconomists.typepad.com 1/27/2009 — One of the (correct) complaints about the proposed stimulus plan is that it's full of all kinds of programs that would appear to have nothing to do with any accepted economic theory about what sorts of spending could even possibly lead to recovery.  ...
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truthonthemarket.com 1/27/2009 — Why are the proponents of the stimulus package so reluctant to have a serious, non ad hominem-laden debate about whether it will, in fact, stimulate the economy? Because that's not really its point. As Steve Horwitz explains: Bottom line: the more ...
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americanprogress.org 2/6/2009 — January 28, 2009 An effective economic recovery package should use government dollars to stimulate the economy quickly and lay the foundation for long-term growth. Certain actions, such as filling the widening hole in state budgets or increasing the ...
President Obama stimulus on brink of Senate approvalWorld News from Times Online 2/13/2009
The US House of Representatives passed a $787 billion ($£542 billion) stimulus package today as President Barack Obama warned that economic recovery in the United States "will be measured in years, not months"
Congress approves $787bn economic stimulus bill$World News from Times Online 2/14/2009
President Barack Obama is expected to sign the $787 billion ($£542 billion) stimulus bill on Monday that seeks to combat the worst economic crisis since the Great Depression.