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Bank of America, a recipient, of $45 billion dollars in government bailout funds, defended their decision to hold a five day Super Bowl carnival in Tampa as part of a sponsorship deal with the NFL, amidst cries of outrage and condemnation this week. Their rationale, it seems was that the event was “part of [...]
Ok, I admit; my familiarity with Keynesian Economics as proposed by the late British economist John Maynard Keynes was very limited until I read the LA TIMES article “Stimulus Dusts Off An Old Theory” by Washington reporter Peter G. Gosselin on Sunday, January 11. It seems that Keynes argued in the 1930’s that governments [...]
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