David Brock Quotes

I don't think Keynesian Monetarism has to be Democrat or Republican.

I am not a monetarist, and I am not a Keynesian. On certain points I agree with each.

The BBC is locked to the reading of the economy that is run out of Ed Miliband and Ed Balls' office. They think if only you spend and borrow more money you can create growth everywhere.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength.

The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.

The Keynesian belief that 'demand' is always at the root of underemployment and slow growth is a fallacy.

The basic idea that if you increase government spending or you cut people's taxes that stimulates the economy and lowers the unemployment rate, is a very widely accepted idea. It's in every economics textbook, that's what we teach our undergraduates, and I certainly try to teach them the truth.

There is no left or right in economic management today.

We are all Keynesians now.

I'm happy to say I am a Harrison-Kreps-Keynesian.

The pro-growth policies and spending restraint of Conservatives work.

At the time, my personal research objectives were to provide Keynesian economics with more rigorous foundations and to tighten and elaborate the logic of macroeconomic and monetary theory.

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

I think stimulus money is an absolute mistake.

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.

The president's grand experiment in trickle-down government has held back rather than sped economic recovery. He seems to sincerely believe we can build a middle class out of government jobs paid for with borrowed dollars.

It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.

I worked at the White House in the early Reagan administration at a time when the deficit rocket really started to take off.

Supply creates its own demand

The cozy world we were told would go on forever, where full employment would be guaranteed by a stroke of the Chancellor’s pen, cutting taxes, deficit spending—that cozy world is gone.

I helped Ronald Reagan and Jack Kemp develop supply-side economics.

Things swept so badly that I had distrust - after 1967, let's say - of American Keynesianism. For better or worse, U.S. Keynesianism was so far ahead of where it started. I am a cafeteria Keynesian.

I don't want to be partisan here. But please, tell me how you get out of a business recession by raising business taxes and regulations?

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and to political pelf and privilege.