Comments on: A Cartoon Showing the Logic (or lack thereof) of Keynesian Economics http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/ Restraining Government in America and Around the World Wed, 22 May 2013 12:50:03 +0000 hourly 1 http://wordpress.com/ By: Roll Call of 66 Republicans who voted against debt ceiling increase in 2011 « HaltingArkansasLiberalswithTruth http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-45627 Fri, 09 Nov 2012 14:03:14 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-45627 [...] cartoon about Keynesian economics sort of makes the same point, but not with the same [...]

]]> By: Correcting a Massive Typo by USA Today - OBAMA-B-GONE http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-35217 Thu, 16 Aug 2012 11:40:21 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-35217 [...] cartoon about Keynesian economics sort of makes the same point, but not with the same [...]

]]> By: Differing with Dan Mitchell on one point « HaltingArkansasLiberalswithTruth http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-35190 Thu, 16 Aug 2012 03:56:23 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-35190 [...] cartoon about Keynesian economics sort of makes the same point, but not with the same [...]

]]> By: Correcting a Massive Typo by USA Today | Cato @ Liberty http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-35123 Wed, 15 Aug 2012 17:54:59 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-35123 [...] cartoon about Keynesian economics sort of makes the same point, but not with the same [...]

]]> By: Correcting a Massive Typo by USA Today « International Liberty http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-35109 Wed, 15 Aug 2012 17:28:31 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-35109 [...] cartoon about Keynesian economics sort of makes the same point, but not with the same [...]

]]> By: keynesian economics in a nutshell « Swiss Economist http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-33887 Thu, 09 Aug 2012 07:59:53 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-33887 [...] ago Daniel J. Mitchell, senior fellow at the Cato Institute, presented a brilliant cartoon on his blog, summarizing the logic (or lack thereof) of Keynesian [...]

]]> By: robert108 http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-31748 Wed, 18 Jul 2012 15:36:47 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-31748 All left wing economic ideology is based upon variations of the broken window fallacy of wealth creation. If you think labor creates value, then breaking the glass requires labor, and wealth appears to have been created. The realist focuses upon the capital goods, and finds that there is no net gain, and that capital has been redirected for no good reason.

]]> By: Chris in Kalifornia http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-31743 Wed, 18 Jul 2012 14:15:45 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-31743 Sean is right. Now you are poorer and can’t afford to buy the new keyboard your computer needs. Or the bottle of baby formula your child needs. Or to pay for the electric bill.

]]> By: Sean L. http://danieljmitchell.wordpress.com/2012/07/17/a-cartoon-showing-the-logic-or-lack-thereof-of-keynesian-economics/#comment-31604 Tue, 17 Jul 2012 18:32:40 +0000 http://danieljmitchell.wordpress.com/?p=17196#comment-31604 Step 1 – Break glass

Step 2 – Sweep up and discard broken glass

Step 3 – Pay for replacement glass

There! Now you’re in the exact same state as before step one, only poorer.

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