It is often quipped that economists base many of their theories on assumptions. The old joke is that should an economist be stranded on a desert island, he will merely assume that a boat is available and quickly depart from the island. Indeed, whilst analytically comparing Keynesian and neo-liberal ...

When one thinks of liberals and conservatives it tends to be a comparison of entirely different views concerning every issue. Conservative thinking is regularly associated with the Republican Party while liberal thinking is regularly associated with the Democratic Party. Two such figures th...