Do We Want Real Tax Cuts? How About Cutting Government Spending?
Keynesians claim that tax cuts are good because they help increase consumer spending. But here's why this doesn't matter.
Keynesians claim that tax cuts are good because they help increase consumer spending. But here's why this doesn't matter.
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Advocates of the New Green Deal emphasize new "green jobs" and other benefits, but the NGD is basically a Keynesian scheme in which government allegedly spends us into prosperity.
Advocates of the New Green Deal emphasize new "green jobs" and other benefits, but the NGD is basically a Keynesian scheme in which government allegedly spends us into prosperity.
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.