The Keynesian Multiplier Fairy Tale
One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most mainstream economists still believe it.
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There are numerous critics of the Austrian School of economics, but when their disparagements are closely
Today’s Pols Are All Br...
In his failed 1896 presidential campaign, inflationist William Jennings Bryan declared that he would “not crucify
Exchange is Not a Zero-Su...
One of the oldest and most harmful economic fallacies is the belief that, at best, economic