Comments on: More On the Allegedly Too-Small Stimulus Plan http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Buy xanax without prescription in usa. http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-55764 Buy xanax without prescription in usa. Thu, 13 Aug 2009 08:30:26 +0000 http://localhost/wordpress/?p=2482#comment-55764 <strong>Lethal dosage xanax....</strong> Buy xanax. Lethal blood levels of xanax. Xanax. Cheap xanax online buy cheap xanax buy cheap xanax. Xanax lawsuits.... Lethal dosage xanax….

Buy xanax. Lethal blood levels of xanax. Xanax. Cheap xanax online buy cheap xanax buy cheap xanax. Xanax lawsuits….

]]> By: Phentermine result. http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-55644 Phentermine result. Thu, 13 Aug 2009 01:54:52 +0000 http://localhost/wordpress/?p=2482#comment-55644 <strong>Phentermine online....</strong> Cheap phentermine. Phentermine. Phentermine without prescription.... Phentermine online….

Cheap phentermine. Phentermine. Phentermine without prescription….

]]> By: The Other Eric http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42671 The Other Eric Mon, 16 Mar 2009 11:41:12 +0000 http://localhost/wordpress/?p=2482#comment-42671 <p>Mike, no. No they don't.</p> Mike, no. No they don't.

]]> By: MikeS http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42670 MikeS Mon, 16 Mar 2009 09:54:31 +0000 http://localhost/wordpress/?p=2482#comment-42670 <p>What on Earth is Krugman on about? The stimulus was passed a month ago; most of it doesn't kick in until 2010 -- and he *already* knows it's too small? Based on zero data?</p> <p>I guess they don't make Nobel laureates like they used to.</p> What on Earth is Krugman on about? The stimulus was passed a month ago; most of it doesn't kick in until 2010 — and he *already* knows it's too small? Based on zero data?

I guess they don't make Nobel laureates like they used to.

]]> By: muirgeo http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42669 muirgeo Mon, 16 Mar 2009 01:09:23 +0000 http://localhost/wordpress/?p=2482#comment-42669 <p>Why the meltdown should have surprised no one(mp3. From the Austrian scholars conference.</p> <p>Posted by: Oil Shock</p> <p></p> <p>I listened to that and it was a good lecture. Much less dry and more witty then most from Mises site. Definitely he outlines some scary worst case scenarios. But again blaming this whole thing on government interaction and his faith in the markets correcting this seems counter to the evidence.</p> <p> Either way he as the host of this blog have doubled up on their philosophical underpinnings and have made some bold predictions. Lets review them in 4 years.</p> Why the meltdown should have surprised no one(mp3. From the Austrian scholars conference.

Posted by: Oil Shock

I listened to that and it was a good lecture. Much less dry and more witty then most from Mises site. Definitely he outlines some scary worst case scenarios. But again blaming this whole thing on government interaction and his faith in the markets correcting this seems counter to the evidence.

Either way he as the host of this blog have doubled up on their philosophical underpinnings and have made some bold predictions. Lets review them in 4 years.

]]> By: Michael Kolczynski http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42668 Michael Kolczynski Sun, 15 Mar 2009 16:49:53 +0000 http://localhost/wordpress/?p=2482#comment-42668 <p>First of all, how can we critique the size of the stimulus? That's like measuring the efficiency of an engine by distance traveled. The stimulus is somewhere around $800 Billion. This amount is disbursed over 3 year period or something along those lines. As I've read, only 10% will be disbursed this year. Of that 10%, how much as been disbursed already?</p> <p>Lets assume that the ideas behind the stimulus are true. Is it the overall size of the stimulus or the velocity that matters? Is the stimulus the same if it is 800 Billion dollars in three years as it would be in one year? Perhaps the size would be perfect if spent in a shorter period of time.</p> <p>I disagree with all of those notions, but to discuss the size of the stimulus irrespective of the velocity of injection is something a nobel prize winner should not do.</p> First of all, how can we critique the size of the stimulus? That's like measuring the efficiency of an engine by distance traveled. The stimulus is somewhere around $800 Billion. This amount is disbursed over 3 year period or something along those lines. As I've read, only 10% will be disbursed this year. Of that 10%, how much as been disbursed already?

Lets assume that the ideas behind the stimulus are true. Is it the overall size of the stimulus or the velocity that matters? Is the stimulus the same if it is 800 Billion dollars in three years as it would be in one year? Perhaps the size would be perfect if spent in a shorter period of time.

I disagree with all of those notions, but to discuss the size of the stimulus irrespective of the velocity of injection is something a nobel prize winner should not do.

]]> By: Mike Laursen http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42667 Mike Laursen Sun, 15 Mar 2009 15:12:40 +0000 http://localhost/wordpress/?p=2482#comment-42667 <p>I've heard that the version of Keynesianism politicians are using to justify the stimulus is extremely dumbed down to the point where they aren't really following Keynes. Is that true? (I'm just asking. I'm not an economist, but I'm trying to educate myself.)</p> I've heard that the version of Keynesianism politicians are using to justify the stimulus is extremely dumbed down to the point where they aren't really following Keynes. Is that true? (I'm just asking. I'm not an economist, but I'm trying to educate myself.)

]]> By: simone http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42666 simone Sun, 15 Mar 2009 13:11:39 +0000 http://localhost/wordpress/?p=2482#comment-42666 <p>While your observations are excellent, I do not think it is worth dealing with Krugman. Specifically, I do not think that it is worth reading Krugman's comments and discussing them unless he is willing to listen to others. </p> While your observations are excellent, I do not think it is worth dealing with Krugman. Specifically, I do not think that it is worth reading Krugman's comments and discussing them unless he is willing to listen to others.

]]> By: Dallas http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42665 Dallas Sun, 15 Mar 2009 12:48:06 +0000 http://localhost/wordpress/?p=2482#comment-42665 <p>The impact of a Keynesian stimulus should be larger for the initial spending, when there are underemployed resources available in almost all sub areas. When the spending uses all the resources in a specific area that becomes fully employment, there should be no stimulus or multiplier effect. </p> <p>Labor is no longer fungible and specific sectors (such as heavy equipment operators) will rapidly reach a fully employed situation with a small amount of spending. Any spending beyond that point just drives up wages. </p> The impact of a Keynesian stimulus should be larger for the initial spending, when there are underemployed resources available in almost all sub areas. When the spending uses all the resources in a specific area that becomes fully employment, there should be no stimulus or multiplier effect.

Labor is no longer fungible and specific sectors (such as heavy equipment operators) will rapidly reach a fully employed situation with a small amount of spending. Any spending beyond that point just drives up wages.

]]> By: Oil Shock http://cafehayek.com/2009/03/more-on-the-allegedly-toosmall-stimulus-plan.html/comment-page-1#comment-42664 Oil Shock Sun, 15 Mar 2009 12:38:43 +0000 http://localhost/wordpress/?p=2482#comment-42664 <p><a href="http://mises.org/multimedia/mp3/ASC2009/ASC09_Schiff.mp3" rel="nofollow"> Why the meltdown should have surprised no one(mp3. From the Austrian scholars conference.</a></p> Why the meltdown should have surprised no one(mp3. From the Austrian scholars conference.

]]>