Thanks to the leadership of Washington, Americans everywhere are learning to appreciate the infinite worth of every lawmaker’s pet project. … More
Tag: Keynesian Economics
Government Shutdowns and Economic Activity | International Liberty
From a microeconomic perspective, there is some genuine disruption for affected federal bureaucrats, even if they eventually will get full … More
Keynesian Economics and the Fallacy of Boosting Growth by Destroying Wealth | International Liberty
Yet Keynesian economics has “perplexing durability,” probably because the theory tells politicians that their vice of profligacy is actually a … More