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Los Angeles Leakage

Stimulate Economy by Reducing Imports

Most current stimulus plans ignore the contribution to our decline caused by imports. And they ignore the potentially huge benefits from reducing...
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Jobs Losses From Outsourcing: Current Proposals Are Worthless

When the topic of outsourcing and job losses is discussed, the "solutions" proposed are often nearly worthless, especially when actual...
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In Defense of Keynes: Aggregate Demand, Pump Priming, & "Leakage"

The central theme of Keynesian economics was that aggregate demand drives the economy. This has never been "discredited". To the contrary...
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