Comments on: Notwithstanding Media Coverage of Black Friday, Consumer Spending Does Not Drive Economy http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/ Restraining Government in America and Around the World Thu, 23 May 2013 21:34:06 +0000 hourly 1 http://wordpress.com/ By: Jeff Sheets http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/#comment-48248 Thu, 06 Dec 2012 18:10:40 +0000 http://danieljmitchell.wordpress.com/?p=12591#comment-48248 Love the information. Don’t like the presentation. Needs to look more like “american idol” or a videogame commercial before folks are going to absorb it. Reality is boring and the current political system wants americans to be in denial as long as possible, so the pols can make maximum profits as they loot the economy.

]]> By: A Perfect Holiday Album for the Keynesians on Your Christmas List - Forbes http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/#comment-48232 Thu, 06 Dec 2012 17:20:04 +0000 http://danieljmitchell.wordpress.com/?p=12591#comment-48232 [...] understandably partial to my video debunking Keynesian economics, and I think this Econ 101 video from the Center for Freedom and Prosperity does a great job of showing why consumer spending is a consequence of growth, not the [...]

]]> By: A Perfect Holiday Album for the Keynesians on Your Christmas List « International Liberty http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/#comment-48225 Thu, 06 Dec 2012 17:07:03 +0000 http://danieljmitchell.wordpress.com/?p=12591#comment-48225 [...] understandably partial to my video debunking Keynesian economics, and I think this Econ 101 video from the Center for Freedom and Prosperity does a great job of showing why consumer spending is a consequence of growth, not the [...]

]]> By: Daniel http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/#comment-18473 Tue, 29 Nov 2011 10:27:11 +0000 http://danieljmitchell.wordpress.com/?p=12591#comment-18473 Yeah, but what about the massive role of consumption in the Dixit-Stiglitz monopolistic competition framework? Also, demand drives the formation of the core, agglomerated areas in the economy. This isn’t Keynesianism, it’s micro theory that highlights the importance of consumer preferences.

]]> By: Ahmed http://danieljmitchell.wordpress.com/2011/11/28/notwithstanding-media-coverage-of-black-friday-consumer-spending-does-not-drive-economy/#comment-18446 Mon, 28 Nov 2011 18:56:30 +0000 http://danieljmitchell.wordpress.com/?p=12591#comment-18446 Property + Capital –> Savings –> Growth

Thanks for speaking sanity in the insanity filled world of fiat money and artificial markets.

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