Suchergebnisse

American conservatism has always differed from the European conservatism of Edmund Burke. Bereft of rooted traditions, organic hierarchy, or state-based religion—all those things that built the European scaffolding for intellectual reaction—American conservatives have had to reconcile themselves to an alarmingly individualistic and populist society. That's not to say that America was born and will remain a liberal country, the way political scientists like Louis Hartz once confidently prognosticated during the 1950s. Rather, it means that to be conservative demands picking up on some not-so-native-born traditions (Catholicism) or turning populist in style—making for strange alliances and belief systems that don't necessarily hinge together too well.

Ann Beaglehole Talks about themes in her writing

In this paper we show that a closed economy, with a balanced budget and unable to increase public spending, can avoid or leave a persistent slump through adequate and timely combination of monetary and fiscal policy based on distortionary taxation. We use a three generations OLG New Keynesian model in which a permanent slump is possible without any self-correcting force to full-employment. Complementing recent work on Secular Stagnation using lump-sum taxation and government spending as fiscal instruments, our contribution is to use distortionary taxes over labor, consumption and capital, in a balanced budget environment with constant (or decreasing) government spending. ; NSBE - UNL