I’ve written extensively about the flaws of Keynesian economics, and I’ve even narrated a video on the flaws of Keynesian theory.
But this clever Lisa Benson cartoon may be more effective than anything I’ve ever done.
If you like cartoons that teach economics, check out this gem. It’s not on Keynesianism, but it’s very good.
LOL!
Excellent explanation!!
Sorry, I don’t actually get it. Can you explain the relevance of the cartoon?
Your cartoon sucks.
Take this artical and shove it up your a*s.
Ben and Franklin. You’ve just proven Darwin wrong, as you are evidently regressing to the swamp.
Mock it out of existence! Diminish Keynesian ideas to point where only fringe cranks, crackpots and trolls dare legitimately suggest them as policy alternatives.
Ben Dover: Bend Over! You have been scre**** by Keynes!
Keynes General Theory of Employment alleges that when investment tends to become zero then public works tend to create an amount of employment that grows without limit.
That is just plain ridiculous, any common sense person realizes that. Look how East Asia -and China- have grown thanks to enormous amounts of investment. Look how bad is unemployment in those countries that “Stimulated” with keynesian spending. Look at the pathetic economic growth, for decades, in almost all the industrial world (the industrial world usually has BIG GOVERNMENT with notable exceptions like high growth Singapore and Hong Kong)
Your “stimulus” is such a failure that It is even possible that Obama will not be reelected. Already Obama lost congress. And republicans will very probably win both the Senate and the Congress in 2012 (that is what markets clearly signal). Go on “stimulating” with keynesian nonsense, you will lose political power as Obama already did. Go on aplying bad economic theories, you democrats will become again the party out of power eventough there was a massive crisis in the Bush years that would have allowed you to regain and MAINTAIN political power if you had never engaged in keynesian “big government” nonsense.
And look how Western Europe has permanent LOW GROWTH thanks to HEAVY government spending. Read Mr. Dan Mitchell papers and you will see how obvious it is that government spending severely damages growth. Growth in Western Europe usually is a joke, the countries that grow usually are those that reduce taxes, reduce the government, reduce the regulations imposed by the political class or have oil!!!
England was a world super power a century ago. Today England as a superpower is a joke thanks to Keynes destructive theories and socialism (socialism means enormous power and control for the political class).
S*U*P*E*R*B joke! The joke is so good that it can be recycled and made it talk about DEFICIT and TAXES!!!
The joke can be recycled to mean that If you give more TAXES to the DEFICIT SHARKS THEN the DEFICIT SHARKS will go away! Thanks for such a great joke. I will engage in shameless plagiarism and will do this DEFICIT & TAXES version and will send it to my friends
[...] Keynesian Economics in a Cartoon [...]
Uh, Luis. You do realize that taxes and deficits is the cornerstone of keynsian economics, right?
To Ben Franklin-the cartoon is the result of real world experience, which is not like the fantasy experience your dim brains seem to prefer.
its a perfect analogy of the idiot in charg
Brilliant!
[...] International Liberty Bewerten: Share this:E-MailDruckenFacebookTwitterGefällt mir:LikeSei der Erste, dem dieser post [...]
[...] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment insurance. GA_googleAddAttr("AdOpt", "1"); GA_googleAddAttr("Origin", [...]
china is the biggest keynesian of them all. what do you think all that state lending is. Obama was advised to design a stimulus package of over a trillion dollars but he didn’t think it would pass. It didn’tl reduce employment to five percent but it certainly saved us from the abyss. So don’t blame keynes for Obamas political cowardice and the republican economics ignorance. It just aint so.
[...] had to pick a favorite, though, it would be the jokes that teach economics. That’s why I like this joke about Keynesian economics, this cartoon about Obama’s stimulus, this video on Halloween taxes, this cartoon about the [...]
[...] with a substantive argument, let’s keep it simple and offer three very insightful cartoons: here, here, and here. Rate this: Share [...]
[...] with a substantive argument, let’s keep it simple and offer three very insightful cartoons: here, here, and here. Like this:LikeBe the first to like this post. By Everette Hatcher III, on [...]
Daniel:
Here’s my own idea for a cartoon. Mr. Magoo is driving a golf cart and other golfers are diving to get out of his way. The face of Mr. Magoo is Obama. He is completely oblivious to the danger he is causing. He is saying, “Get out of my way, peasants.” Maybe you can think of a better line for him to say. Another thought is that each hole represents a trillion dollars of debt. Holes 17 and 18 haven’t happened yet.
[...] This Lisa Benson cartoon on Keynesian economics. [...]
[...] Keynesian Economics in a Cartoon [...]
Man you sure did debunk an entire field of economics that’s worked for over 20 years without using a single academic papaer. Also DEBT.
[...] at least they’re both very good. We have one involving Obama, sharks, and a lifeboat, and another one involving an overburdened [...]
The clever cartoonist is the well-known Lisa Benson. She’s syndicated. Because you never even said her name.
[...] with a substantive argument, let’s keep it simple and offer three very insightful cartoons: here, here, and [...]
[...] You can peruse some good cartoons about Keynesian economics by clicking here, here, here, and here. Rate this:Share [...]
[...] were tricked into voting for the referendum. I very much like this fiscal cliff cartoon, this Keynesian economics cartoon, and this one about jump-starting the economy with tax hikes. But the top prize goes to this [...]
[...] if you want to teach economics, here are good cartoons about incentives, Keynesian economics, and unemployment [...]