Comments for Economists Who Make the Third Stimulus Honor Roll at http://www.cepr.net , comment 1 to 23 out of 20 comments http://www.cepr.net Sun, 21 Mar 2010 21:39:34 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-66 Nouriel Roubini, about 7:30 into this interview: http://www.cnbc.com/id/15840232?play=1&video=1188999175 - geoffw Tue, 21 Jul 2009 16:52:09 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-65 ...listing people's titles and honors? e.g. "Member of CEA under Ronald Reagan, Professor at Princeton, Nobel Prize Winner" for Paul Krugman. His name is obviously very well known, but some of the others listed are not as recognizable. - R.M. 'Auros' Harman Sat, 11 Jul 2009 20:05:49 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-64 name of the economist: L. Randall Wray date they first stated that the second stimulus was too small: March 2009 appropriate reference: http://www.levy.org/vdoc.aspx?docid=1123 and here http://www.levy.org/download.aspx?file=ppb_99.pdf&pubid=1123 - Economist Fri, 10 Jul 2009 19:09:59 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-63 I think one needs to be clear about what "more stimulus" means. I advocate the need for capital budgeting (as Keynes, Harrod, and others argued)in which a surplus on the current budget (created by higher taxes on the wealthy) would finance a long-term public investment program (perhaps in "Green Energy" projects etc.). I am not a great advocate of paying people to dig up holes and having them fill them up again. Rather public investment spending should be targetted and productive. - Jamee Moudud Fri, 10 Jul 2009 18:10:19 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-62 If you're truly objective and unbiased, then you should add to your site an "Anti-Stimulus Honor Roll." Who knows, maybe for every Economist that supports a third stimulus, there will be 3 that oppose it? - Senior Economist Fri, 10 Jul 2009 10:48:00 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-61 Isn't it time finally let go of the convention, that all money have to be issued as a debt? Is it some sort of a heresy to say that? I haven't seen that kind of argument anywhere. Surely many people must be thinking about it. - just me Thu, 09 Jul 2009 16:53:27 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-59 @jlvngstn For the purposes of the Honor Roll, its just economists. - Alan Thu, 09 Jul 2009 15:04:43 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-58 Buffett has called for another.... http://www.cnbc.com/id/31831401 - Jlvngstn Thu, 09 Jul 2009 14:59:25 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-54 name of the economist: Pavlina R. Tcherneva date they first stated that the second stimulus was too small or called for a third stimulus: July 2, 2009 reference: http://neweconomicperspectives.blogspot.com/2009/07/bring-stubborn-unemployment-numbers.html - Economist Wed, 08 Jul 2009 12:19:44 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-53 name of the economist: L. Randall Wray date they first stated that the second stimulus was too small or called for a third stimulus: July 7, 2009 reference: http://neweconomicperspectives.blogspot.com/2009/07/carnage-continues-time-to-ramp-up.html - Economist Wed, 08 Jul 2009 12:18:03 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-52 name of the economist: Stephanie Kelton date they first stated that the second stimulus was too small or called for a third stimulus: June 29, 2009 reference: http://neweconomicperspectives.blogspot.com/2009/06/why-stimulus-isnt-working.html - Economist Wed, 08 Jul 2009 12:16:34 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-48 He's very clear about the need for more[/url] (it's the bloody title of the post), and certainly appears to be arguing that both #1 and #2 were Too Small. [url]http://capitalgainsandgames.com/blog/andrew-samwick/964/need-more-stimulus[/url] - Ken Houghton Wed, 08 Jul 2009 10:49:56 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-47 Dan, Thanks for the link to the article by Hudson. He's the only visible economist who understands both the nature of Ricardian land rent, its role in the crash, and the credit system. - liberal Wed, 08 Jul 2009 10:06:41 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-45 Michael Hudson Advocating balance of payments reductions through defense budget reduction: http://www.michael-hudson.com/articles/globalism/090614De-DollarizationDismantlingEmpire.html not really a direct stimulus argument, though. - Dan in Madison WI Mon, 15 Jun 2009 17:57:44 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-42 Thanks for putting out this honor roll. Several economists have argued in the pages of Dollars & Sense magazine for a larger stimulus: Randy Albelda of the UMass-Boston, in Bail Out the Safety Net," in the January/February issue of Dollars & Sense (http://www.dollarsandsense.org/archives/2009/0109albelda.html) Gerald Friedman of UMass-Amherst, in "Pushing on Strings," in the May/June issue (http://dollarsandsense.org/archives/2009/0509friedman.html) Alejandro Reuss of UMass-Amherst (in "Fiscal Policy and 'Crowding Out'," in the May/June print edition of Dollars & Sense Arthur MacEwan of UMass-Boston, in "Why Are Things Getting Worse?" in the March/April issue (http://dollarsandsense.org/archives/2009/0309macewan.html). - Chris Sturr Wed, 03 Jun 2009 14:57:01 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-41 This article is long overdue. The severity of this economic downturn was accurately forcast by economist Lynden laRouche and is fully documented on his website larouchepac.com. All the webcasts and TV segments produced and set forth on his larouchepac.com website are clear in their intent, save the inhabitants of this planet from another dark age. Galbraith is very vocal in his opinions on the situation and his ideas are endorsed by laRouche even though they do not address the problem in all it's entirety and give long term plans of how to take the planet forward and accomodate the everincreasing population and develop the fertile places on the planet so that food production can be increased and by building nuclear power plants, provide the power necessary to support a decent standard of living for all. Not just for the elite. The quality of nuclear power and the quantity of this source of power can sustain life on the planet and provide for the things people need like desalination plants, water irrigation plans, provision of maglevitation railroad systems etc etc which are crucial components for supporting and improving the lives of the billions of people who are currently inhabiting the planet and which are basically an endangered species. The British Dutch oligarchy is desperately campaigning for the dumping of the US Dollar and pushing for the laws which would diminish the rights of every human being on the planet to be be recognized as being of the same relative value to one another. Why should poor people perish in Africa, why should Pakistani's be forced to leave their homes, when the drug lords are makikng fortunes for George Soros and his ilk. The drug cartels are busy trying to legalize marihuana and are making money from the sale of that substance and from herion and cocaine, while starting to make laws to prohibit the distribution of drugs to those with so called less value by regulating the US Health System, while the European Council is snatching shipments of generic drugs on their way to South America on the grounds that they are infringing on copyright rules held by large pharmoceutical cartels led by the British Glaxo conglomerate. Anyway, the third stimulus could be linked to a proposition made by the Rev. Jesse Jackson as reported today in the Huffington Post. The Nero complex that is oppressing Obama doesn't like criticism and having it's policy's rejected and that is what is dictating the actions of the crowd around him who have him on a leash now, and have him set up to fail, so that their dark agenda can go forth and their deadly objectives can be achieved. Satan has one aim, Destruction. He is however a defeated foe and I know who has overcome the world, and his name is Jesus. So in the matchless name of Jesus, I decree and declare that Satan and his imps, wires, hairs and demonic influences and strongholds must come down and that all of these foud spirits must go directly to where Jesus has already ordained for them to go. It is not possible that the word of the Lord will return to him void and he is victorious, so why hang with losers, choose life not death. Best regards, Alice Wolf. - Alice Wolf Sat, 30 May 2009 21:36:10 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-40 Wall Street used financial derivatives and credit default swaps sucked all the capital out of the real economy. Now that their paper bets have collapsed, they want us to bail them out with our money. Responsibility is for the little people. We need to stop pouring money into insolvent banks through loans and guarantees. We need to audit the Fed and we desperately need a third stimulus. - John Casper Sat, 30 May 2009 12:21:32 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-39 The problem is that the federal government, and 47 of the state governments and the consumers are badly in debt. With what do you stimulate? If in true Keynesian fashion, the government had run surpluses as much as deficits in the past 75 years, perhaps we wouldn't be in this bind. I agree with other posters - this is a HOUSE OF CARDS. We must tighten our collective belts and let the free markets invisible hand take its course. We will all be better off if we do this - as opposed to spending money no one has to spend. - SeattleBruce Sat, 30 May 2009 00:53:41 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-38 If things aren't done differently and soon, our kids, not our grandkids, but our kids and many of us will be here to see the final act when the house of cards finally comes down. The paucity of the current response is staggering and allowing those who had a hand in the debacle to "fix" things portends poorly for the future. - matt Fri, 29 May 2009 16:32:23 +0100 http://www.cepr.net/index.php/press-releases/interactive-press-releases/economists-who-make-the-third-stimulus-honor-roll/#comment-37 I don't know if anyone has noticed that the TARP stimulus of $700 B went to a few thousand very wealthy people, and the second stimulus of approximately the same amount was supposed to take care of the millions left behind. We need a real stimulus, and we need to wrench that money away from those folks (or at least start ignoring the economy they have created). If we have a 3rd stimulus, I am all for making it huge and to benefit everyone, to create an alternative economy that those global industrialists can't share in, if only because they are the face of the past:megalopolies with no direction except profit. Welcome to the future: lots of small enterprises with a solid social network, and all globalized by the internet, cloud computing and social networking. All the banks and financial institutions are offering us is more of the same. No alternative thinking, no future. They are the dodos and it is time for the people to tell them so, one way or the other. - Carol Fri, 29 May 2009 14:15:21 +0100