Keynesian Economics Is Wrong

April 10, 2009 by Dan Mitchell

Based on a theory known as Keynesianism, politicians are resuscitating the notion that more government spending can stimulate an economy. This mini-documentary produced by the Center for Freedom and Prosperity Foundation examines both theory and evidence and finds that allowing politicians to spend more money is not a recipe for better economic performance.

Posted in Economics, Fiscal Policy, Spending, Video | Tagged Economics, Fiscal Policy, Keynesian, Keynesianism, stimulus, Video | 310 Comments

310 Responses

on September 13, 2010 at 11:59 am Keynes Was Wrong on Stimulus, but the Keynesians Are Wrong on Just about Everything « International Liberty

[…] the thrust of Milbank’s column is wrong. He is wrong in claiming that Keynesian economics works, and he is wrong is claming that it is the only option. Regarding the first point, there is no […]
on September 13, 2010 at 5:35 pm Keynes Was Wrong on Stimulus, but the Keynesians Are Wrong on Just about Everything « The Market Center Blog

[…] the thrust of Milbank’s column is wrong. He is wrong in claiming that Keynesian economics works, and he is wrong is claming that it is the only option. Regarding the first point, there is no […]
on October 6, 2010 at 11:58 am Where are the ’60s Hippies Now that They’re Needed to Fight Keynesianism? « International Liberty

[…] 6, 2010 by Dan Mitchell Keynesian economic theory is the social-science version of a perpetual motion machine. It assumes that you can increase your prosperity by taking money out of your left pocket and […]
on October 6, 2010 at 8:02 pm Where are the ’60s Hippies Now that They’re Needed to Fight Keynesianism? « The Market Center Blog

[…] 6, 2010 by Dan Mitchell Keynesian economic theory is the social-science version of a perpetual motion machine. It assumes that you can increase your prosperity by taking money out of your left pocket and […]
on October 6, 2010 at 8:36 pm Where are the ’60s Hippies Now that They’re Needed to Fight Keynesianism? #tcot « Common Sense Underground

[…] economic theory is the social science version of a perpetual motion machine. It assumes that you can increase your prosperity by taking money out of your left pocket and […]
on October 7, 2010 at 6:12 am Keynes Was Wrong on Stimulus, but the Keynesians Are Wrong on Just about Everything | Cato @ Liberty

[…] the thrust of Milbank’s column is wrong. He is wrong in claiming that Keynesian economics works, and he is wrong is claming that it is the only option. Regarding the first point, there is no […]
on November 13, 2010 at 1:31 pm The $27 Light Bulb and other Examples of “Stimulus” Waste and Fraud « International Liberty

[…] always been more concerned about the negative economic impact of government spending and the failure of Keynesian fiscal policy, but it’s also important to focus on waste and fraud. The average taxpayer may not want to […]
on November 13, 2010 at 2:42 pm The $27 Light Bulb and other Examples of “Stimulus” Waste and Fraud « The Market Center Blog

[…] always been more concerned about the negative economic impact of government spending and the failure of Keynesian fiscal policy, but it’s also important to focus on waste and fraud. The average taxpayer may not want to get […]
on November 29, 2010 at 8:41 am A Long-Overdue Debunking of Keynesian Economics « International Liberty

[…] understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has a great contribution to the debate with this new 5-minute […]
on November 29, 2010 at 3:33 pm The Consumer Spending Fallacy Behind Keynesian Economics | Conservatives for America

[…] understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has an excellent contribution to the debate with this new 5-minute […]
on December 1, 2010 at 10:21 am Daniel Mitchell: The Consumer Spending Fallacy behind Keynesian Economics | joewhite.com

[…] understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has an excellent contribution to the debate with this new 5-minute […]
on December 2, 2010 at 1:32 am The Consumer Spending Fallacy behind Keynesian Economics (Cato @ Liberty Blog)

[…] understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has an excellent contribution to the debate with this new 5-minute […]
on August 24, 2011 at 8:39 am Earthquakes, Fairy Dust, Space Aliens, Leeches, Paul Krugman, and Stimulus « International Liberty

[…] didn’t think it was possible, but he has outdone himself with another bizarre embrace of Keynesian economics. Yesterday, without irony, he wrote, “we would see a bigger boost in spending and hence […]
on September 1, 2011 at 7:29 am Keynesian Economics in a Cartoon « International Liberty

[…] I’ve written extensively about the flaws of Keynesian economics, and I’ve even narrated a video on the flaws of Keynesian theory. […]
on September 7, 2011 at 10:45 am Grading the Likely Components of Obama’s New Stimulus Plan « International Liberty

[…] That being said, the economic flaw of school construction spending-cum-stimulus is that government spending must be financed with either taxes or borrowing, both of which divert resources from the productive sector of the economy. Simply stated, Keynesian spending does not work. […]
on September 11, 2011 at 12:02 pm Why Keynesian Economics Fails Every Time it’s Tried | JohnKiv.us

[…] video from Dan Mitchell gives a simple explanation of why keynesian economic theory is inherently flawed. Basically, […]
on October 5, 2011 at 1:40 pm Consumer spending is caused by growth of economy « HaltingArkansasLiberalswithTruth

[…] understandably fond of my video exposing the flaws of Keynesian stimulus theory, but I think my former intern has an excellent contribution to the debate with this new 5-minute […]
on October 27, 2011 at 6:43 am Did I Lose, or Are the People of New York City Unworthy? « International Liberty

[…] people from Intelligence Squared will post a video of the debate. In the meantime, you can watch this video of me debunking Keynesian economics and this video eviscerating Obama’s faux stimulus. Rate this: Share […]
on November 14, 2011 at 12:56 am Blogodidact: Trick or Treat doesn’t end with Halloween - It's the Stupidity Stupid pt.2

[…] That's some scary stuff, and I for one am very much afraid of those ghosts, because that is what Keynesianism is all about, and we are being haunted, robbed and beaten up by it to this day. But even that […]
on November 28, 2011 at 12:21 pm Notwithstanding Media Coverage of Black Friday, Consumer Spending Does Not Drive Economy « International Liberty

[…] Alaghebandian of the America Enterprise Institute, debunks this notion, while also explaining that Keynesian economics is flawed because it misinterprets the role of consumer […]
on January 22, 2012 at 10:40 am What’s More Compassionate for the Poor, Dependency or Self-Reliance? « International Liberty

[…] making bad predictions. After all, economists are lousy forecasters. I blame him for peddling the silly Keynesian theory that bigger government boosts economic performance. Rate this: Share this:PrintEmailFacebookTwitterMoredeliciousDiggFarkLinkedInRedditStumbleUponLike […]
on January 22, 2012 at 11:05 pm What’s More Compassionate for the Poor, Dependency or Self-Reliance? | Sago

[…] But it’s important to understand that I’m not blaming him for making bad predictions. After all, economists are lousy forecasters. I blame him for peddling the silly Keynesian theory that bigger government boosts economic performance. […]
on February 6, 2012 at 2:33 pm Classic Cartoon on So-Called Stimulus Is Amusing and Economically Accurate « International Liberty

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion boondoggle. Rate […]
on February 23, 2012 at 8:52 am Is Mitt Romney a Keynesian? « International Liberty

[…] For more information on this issue, here’s my take on Keynesianism. […]
on March 4, 2012 at 11:59 am A Fiscal Policy Tutorial: Everything You Need to Know about the Economics of Government Spending « International Liberty

[…] may have noticed, by the way, that this post does not include any of the videos about Keynesian economics or Obama’s stimulus. That’s an entirely different issue, perhaps best described as […]
on April 4, 2012 at 9:35 am Appearing on PBS to Debate Obama’s Social Darwinism Speech « International Liberty

[…] would never rise above 8 percent if we squandered $800 billion on a faux stimulus package based on Keynesian economics. But I’m a nice guy, so I chose not to raise that issue. Rate this: Share […]
on April 4, 2012 at 10:02 am Dan Mitchell of the Cato Institute on President Obama’s “Social Darwinism speech” « HaltingArkansasLiberalswithTruth

[…] would never rise above 8 percent if we squandered $800 billion on a faux stimulus package based on Keynesian economics. But I’m a nice guy, so I chose not to raise that […]
on April 24, 2012 at 9:34 am Portuguese Finance Minister Admits Keynesian Stimulus Was a Flop, but Don’t Hold Your Breath Waiting for Obama to Make a Similar Confession « International Liberty

[…] Just in case any politicians are reading this post, I’ll make a point that normally goes without saying: Borrowing money from one group of people and giving it to another group of people does not increase …. […]
on April 24, 2012 at 10:33 am Portuguese Finance Minister Admits Keynesian Stimulus Was a Flop, but Don't Hold Your Breath Waiting for Obama to Make a Similar Confession - Forbes

[…] Just in case any politicians are reading this post, I’ll make a point that normally goes without saying: Borrowing money from one group of people and giving it to another group of people does not increase …. […]
on April 24, 2012 at 1:06 pm Portuguese Finance Minister Admits Keynesian Stimulus Was a Flop, but Don’t … | Jiří Grohmann

[…] Just in box any politicians are reading this post, I’ll make a point that routinely goes but saying: Borrowing income from one organisation of people a…. […]
on April 24, 2012 at 1:31 pm Obama’s stimulus was a failure like Dan Mitchell of the Cato Institute predicted « HaltingArkansasLiberalswithTruth

[…] Just in case any politicians are reading this post, I’ll make a point that normally goes without saying: Borrowing money from one group of people and giving it to another group of people does not increase …. […]
on April 25, 2012 at 7:26 am Portuguese Finance Minister Admits Keynesian Stimulus Was a Flop|Politifreak

[…] Just in case any politicians are reading this post, I’ll make a point that normally goes without saying: Borrowing money from one group of people and giving it to another group of people does not increase …. […]
on April 30, 2012 at 8:37 am Doubling Down on Failure: Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe « International Liberty

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy […]
on April 30, 2012 at 6:31 pm Doubling Down on Failure: Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe | Sago

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy […]
on May 1, 2012 at 2:25 am Former Obama Official Calls for U.S.-Financed Keynesian Spending Binge in Europe « OBAMA-B-GONE

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy – […]
on May 3, 2012 at 4:12 pm Stimulus programs never work « HaltingArkansasLiberalswithTruth

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy – […]
on May 9, 2012 at 9:02 am Debunking the Austerity Charade in Europe « International Liberty

[…] elite defines “austerity”) against proponents of higher spending (notwithstanding a long track record of failure, the Keynesians have come out of woodwork and are claiming that bigger government stimulates […]
on May 13, 2012 at 7:16 am Keynesian; Answer or the Problem? | Conservatives Blog

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy […]
on May 14, 2012 at 11:21 am Europe has a bleak future because they don’t want austerity « HaltingArkansasLiberalswithTruth

[…] political elite defines “austerity”) against proponents of higher spending (notwithstanding a long track record of failure, the Keynesians have come out of woodwork and are claiming that bigger government stimulates […]
on May 20, 2012 at 10:06 am Another Magnificent Moment in the World of Government Stimulus « International Liberty

[…] of my work on government stimulus focuses on economic theory and […]
on May 21, 2012 at 10:53 am Another Magnificent Moment in the World of Government Stimulus - OBAMA-B-GONE

[…] of my work on government stimulus focuses on economic theory and […]
on May 23, 2012 at 10:50 am Obama’s stupid idea that did not work!!! « HaltingArkansasLiberalswithTruth

[…] I’ve written extensively about the flaws of Keynesian economics, and I’ve even narrated a video on the flaws of Keynesian theory. […]
on May 24, 2012 at 2:34 pm Mirror, Mirror, on the Wall, Which President Is the Biggest Spender of All? « International Liberty

[…] his guns-n-butter Keynesianism, it’s no big surprise that LBJ ranks last. And “W” also gets a very low […]
on May 24, 2012 at 4:20 pm Mirror, Mirror, on the Wall, Which President Is the Biggest Spender of All? - Forbes

[…] his guns-n-butter Keynesianism, it’s no big surprise that LBJ ranks last. And “W” also gets a very low […]
on May 25, 2012 at 5:15 am Mirror, Mirror, on the Wall, Which President Is the Biggest Spender of All? | Cato @ Liberty

[…] his guns-n-butter Keynesianism, it’s no big surprise that LBJ ranks last. And “W” also gets a very low […]
on May 25, 2012 at 7:52 am Dan Mitchell: Rex Nutting’s recent claim that Obama is not a big spender is false « HaltingArkansasLiberalswithTruth

[…] his guns-n-butter Keynesianism, it’s no big surprise that LBJ ranks last. And “W” also gets a very low […]
on June 1, 2012 at 8:23 am More Sub-Par Employment Numbers « International Liberty

[…] so-called stimulus was adopted. But as you can see from the chart, squandering $800 billion on a Keynesian package hasn’t […]
on June 1, 2012 at 8:45 am More Sub-Par Employment Numbers | Cato @ Liberty

[…] so-called stimulus was adopted. But as you can see from the chart, squandering $800 billion on a Keynesian package hasn’t […]
on June 1, 2012 at 10:06 am More Sub-Par Employment Numbers « A Moral Outrage

[…] so-called stimulus was adopted. But as you can see from the chart, squandering $800 billion on a Keynesian package hasn’t […]
on June 5, 2012 at 11:38 am Will More Federal Debt Improve the U.S. Government’s Creditworthiness? « International Liberty

[…] sounds like an excuse for more Keynesian spending as part of another so-called stimulus plan, but Summers claims to have a much more modest goal of […]
on June 5, 2012 at 12:23 pm Will More Federal Debt Improve the U.S. Government’s Creditworthiness? | Cato @ Liberty

[…] sounds like an excuse for more Keynesian spending as part of another so-called stimulus plan, but Summers claims to have a much more modest goal of […]
on June 7, 2012 at 7:52 am Estonia and Austerity: Another Exploding Cigar for Paul Krugman « International Liberty

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 7, 2012 at 8:45 am Estonia and Austerity: Another Exploding Cigar for Paul Krugman | Cato @ Liberty

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 7, 2012 at 10:39 am Krugman–and now for a little statistical cherry picking | Questions and Observations

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 7, 2012 at 12:01 pm Estonia and Austerity: Another Exploding Cigar for Paul Krugman | PERSUASION IN INK

[…] weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the […]
on June 7, 2012 at 12:51 pm Krugman – and now for a little statistical cherry picking

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 8, 2012 at 2:13 am Krugman–and now for a little statistical cherry picking | FavStocks

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 12, 2012 at 10:45 am Estonia and Austerity: Another Exploding Cigar for Paul Krugman | OÜ Majanduspartner

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on June 12, 2012 at 11:45 am Obama Is a Big Spender…Just Like Bush « International Liberty

[…] also worth noting that Keynesian spending didn’t work for Hoover and Roosevelt back in the 1930s, and Laffer and Moore also explain how […]
on June 13, 2012 at 8:59 am Debating Keynesian Economics with Robert Reich on CNN « International Liberty

[…] you want to understand more about Keynesian economics and why it doesn’t work, this video will be more instructive than my food fight with […]
on June 15, 2012 at 2:45 am Obama’s Great Recession « Furthermore

[…] Regardless of what Obama says, you will always have to unravel his fictional narrative. While he claims to have a “laser focus” on jobs, he also admits he sometimes forgets the impact of the recession. Todays walkaway: Regardless of his swag, the record show that the programs Obama has put in place have failed. Keynesianism doesn’t work, never has worked, and never will work. […]
on June 15, 2012 at 1:15 pm Keynesian Economics is Wrong | Colorado Springs TEA Party

[…] Mitchell of the Cato Institute produced this short video. It is a concise, clear description of the Keynesian government stimulus strategy for economic […]
on June 17, 2012 at 10:30 am Government Cost-Overruns, the English Version « International Liberty

[…] I imagine that moronic advocates of Keynesian economics will argue that the $15 billion-$38 billion is a form of stimulus that will percolate through the […]
on June 18, 2012 at 12:43 pm Democrats Admit their Top Goal Is Luring GOP into a Tax-Hike Trap, so Why Are some Republicans Stupidly Helping to Make that Happen? | Tennesseans Watching Federal & State Government

[…] I imagine that moronic advocates of Keynesian economics will argue that the $15 billion-$38 billion is a form of stimulus that will percolate through the […]
on June 19, 2012 at 1:17 pm What Does It Mean When Obama and His Former Top Economist both Reject Obamanomics? « International Liberty

[…] people by implying they want irresponsible policies, even though the Hollande’s views about Keynesian economics and soak-the-rich taxation are basically identical to the nonsense Summers was peddling while in […]
on June 19, 2012 at 7:34 pm What Does It Mean When Obama and His Former Top Economist both R eject Obamanomics? « International Liberty | jamesbbkk

[…] French people by implying they want irresponsible policies, even though the Hollande’s views aboutKeynesian economics and soak-the-rich taxation are basically identical to the nonsense Summers was peddling while in […]
on June 29, 2012 at 6:01 am Brain Food — Laissez Faire

[…] The left’s economic position today is that we have to spend our way to riches. The theoretical justification for this position is Keynesianism. But history has not been kind to Keynes’s theory. Nor has logic. […]
on July 6, 2012 at 8:08 am Another Month of Data Re-Confirms Obama’s Horrible Record on Jobs « International Liberty

[…] crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had failed for Hoover and Roosevelt in the […]
on July 6, 2012 at 10:09 am Another Month of Data Re-Confirms Obama’s Horrible Record on Jobs | Sago

[…] crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had failed for Hoover and Roosevelt in the […]
on July 6, 2012 at 9:52 pm For China, It’s All About America | Pitts Report

[…] crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had failed for Hoover and Roosevelt in the […]
on July 6, 2012 at 11:22 pm NEWS: For China, It’s All About America | Pitts Report

[…] crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had failed for Hoover and Roosevelt in the […]
on July 7, 2012 at 2:10 pm Another Month of Data Re-Confirms Obama’s Horrible Record on Jobs – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary « Gds44's Blog

[…] crowd in Washington was quite confident that Keynesian spending was going to save the day, even though similar efforts had failed for Hoover and Roosevelt in the […]
on July 8, 2012 at 8:02 am Open letter to President Obama (Part 109) « HaltingArkansasLiberalswithTruth

[…] would never rise above 8 percent if we squandered $800 billion on a faux stimulus package based on Keynesian economics. But I’m a nice guy, so I chose not to raise that […]
on July 8, 2012 at 10:29 am Obamacare not going to lower government spending « HaltingArkansasLiberalswithTruth

[…] I imagine that moronic advocates of Keynesian economics will argue that the $15 billion-$38 billion is a form of stimulus that will percolate through the […]
on July 11, 2012 at 6:18 am Eesti peaks eirama Paul Krugmani ja hakkama Euroopa Hong Kongiks « Mises.EE

[…] other words, Krugman’s Keynesian theory was completely wrong. The economy should have boomed in 2008 and suffered a recession beginning in 2009. Instead, the […]
on July 11, 2012 at 10:28 am What’s the Secret Recipe for Job Creation? « International Liberty

[…] government spending create jobs? This is the discredited Keynesian notion that you become richer by switching money from your right pocket to left pocket, and I explain that […]
on July 11, 2012 at 12:15 pm In Tallinn, Helping to Protect the People of Estonia from Krugmanomics « International Liberty

[…] was reduced, and that was when the economy began to grow again. In other words, Krugman’s Keynesian theory was completely wrong. The economy should have boomed in 2008 and suffered a recession beginning in 2009. Instead, the […]
on July 11, 2012 at 2:42 pm Estonia Economic Growth Model For US? #PaulKrugman Couldn’t Be Reached For Comment « That Mr. G Guy's Blog

[…] was reduced, and that was when the economy began to grow again. In other words, Krugman’s Keynesian theory was completely wrong. The economy should have boomed in 2008 and suffered a recession beginning in 2009. Instead, the […]
on July 17, 2012 at 8:48 am A Cartoon Showing the Logic (or lack thereof) of Keynesian Economics « International Liberty

[…] run across very few good cartoons about Keynesian economics. If my aging memory is correct, I’ve only posted two of […]
on July 17, 2012 at 9:52 am A Cartoon Showing the Logic (or lack thereof) of Keynesian Economics | Cato @ Liberty

[…] run across very few good cartoons about Keynesian economics. If my aging memory is correct, I’ve only posted two of […]
on July 19, 2012 at 7:15 am Open letter to President Obama (Part 116.4) « HaltingArkansasLiberalswithTruth

[…] political elite defines “austerity”) against proponents of higher spending (notwithstanding a long track record of failure, the Keynesians have come out of woodwork and are claiming that bigger government stimulates […]
on July 19, 2012 at 2:31 pm Europe’s Crisis Is Because of Too Much Government, Not the Euro Currency « International Liberty

[…] Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s generally a code word for more Keynesian spending. […]
on July 20, 2012 at 6:55 am Europe’s Crisis Is Because of Too Much Government, Not the Euro Currency | Cato @ Liberty

[…] Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s generally a code word for more Keynesian spending. […]
on July 21, 2012 at 6:37 pm Open letter to President Obama (Part 116.6) « HaltingArkansasLiberalswithTruth

[…] people by implying they want irresponsible policies, even though the Hollande’s views about Keynesian economics and soak-the-rich taxation are basically identical to the nonsense Summers was peddling while in […]
on July 24, 2012 at 3:45 pm Europe in trouble because of too much spending « HaltingArkansasLiberalswithTruth

[…] Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s generally a code word for more Keynesian spending. […]
on August 1, 2012 at 7:02 am Open letter to President Obama (Part 117) « HaltingArkansasLiberalswithTruth

[…] Just in case any politicians are reading this post, I’ll make a point that normally goes without saying: Borrowing money from one group of people and giving it to another group of people does not increase …. […]
on August 3, 2012 at 8:34 am Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left « International Liberty

[…] we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in […]
on August 3, 2012 at 10:26 am Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left | Sago

[…] we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in […]
on August 3, 2012 at 10:47 am Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left | Cato @ Liberty

[…] we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in […]
on August 5, 2012 at 10:56 am Throw Keynesian Economics on the ash heap of history | Turophile's 2 cents worth

[…] Mitchell, who writes the International Liberty blog, agrees. Here’s a video he made that spells it out. Share this:PrintEmailDiggShare on […]
on August 6, 2012 at 6:51 am Recipe for job creation from Dan Mitchell of Cato Institute « HaltingArkansasLiberalswithTruth

[…] government spending create jobs? This is the discredited Keynesian notion that you become richer by switching money from your right pocket to left pocket, and I explain that […]
on August 6, 2012 at 7:24 am Think Tank West » Jobless Rate Climbs to 8.3 Percent, Creating More Anxiety for Obama and the Left

[…] we finally all agree that Keynesian economics is a flop? The politicians in Washington flushed about $800 billion down the toilet and we got nothing in […]
on August 7, 2012 at 7:40 am Using the White House’s Own Benchmark, I Give Obamanomics an F on CNBC « International Liberty

[…] Keynesian spending policies and class-warfare tax policies have produced dismal economic performance, with unemployment stuck above 8 percent – even though the White House promised the joblessness rate by this point would be about 5.5 percent if we squandered $800 billion-plus on the so-called stimulus. […]
on August 8, 2012 at 6:42 am Open letter to President Obama (Part 121) « HaltingArkansasLiberalswithTruth

[…] over and over again while expecting different results. This certainly is a good description of Keynesians, who relentlessly push more government spending as some sort of magic potion for the economy – […]
on August 8, 2012 at 1:16 pm Debating Whether State Governments Can Impose Taxation without Representation on Out-of-State Merchants « International Liberty

[…] like I did after Richard Epstein and I lost the Keynesian stimulus debate in New York City (you can click here to see why we should have prevailed!). Rate this:Share […]
on August 12, 2012 at 6:34 am Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Govenrment in Japan « International Liberty

[…] like Mr. Fujii should become friends with the Obama Administration officials who relied on Keynesian economic theory to concoct an infamous prediction that unemployment would never rise above 8 percent if Washington […]
on August 14, 2012 at 8:26 am Republican Keynesians Come Out of the Woodwork to Oppose Sequestration « International Liberty

[…] with the very first policy-oriented post on this blog, I’ve been criticizing Keynesian economics, usually with lots of cheering and support from […]
on August 15, 2012 at 9:25 am I Don’t Know if Ryan Will Help Romney Win, but His Budget Would Help the Economy « International Liberty

[…] the end of our interview, I obviously disagreed with Jared’s embrace of the Keynesian fantasy that more government spending magically increases growth. If I was feeling mean, I could have […]
on August 16, 2012 at 7:48 am Open letter to President Obama (Part 125) « HaltingArkansasLiberalswithTruth

[…] I’ve written extensively about the flaws of Keynesian economics, and I’ve even narrated a video on the flaws of Keynesian theory. […]
on September 3, 2012 at 7:53 am With Unemployment Already High, Why Are Leftists Pushing for an Increase in the Minimum Wage? « International Liberty

[…] They think low-income people will benefit because of the magic of Keynesian economics – i.e., beneficiaries will have more income, which will then get spent, thus stimulating the […]
on September 6, 2012 at 6:37 am Obama’s advice to other nations is keep government out of the way of private enterprise « HaltingArkansasLiberalswithTruth

[…] people by implying they want irresponsible policies, even though the Hollande’s views about Keynesian economics and soak-the-rich taxation are basically identical to the nonsense Summers was peddling while in […]
on September 7, 2012 at 9:41 am A Picture Says a Thousand Words: President Obama’s Dismal Failure on Jobs « International Liberty

[…] He promised unemployment would never climb above 8 percent if Congress squandered $800 billion on a Keynesian stimulus scheme. […]
on September 14, 2012 at 8:35 am Why do the liberals want to increase unemployment more by increasing minimum wage? « HaltingArkansasLiberalswithTruth

[…] They think low-income people will benefit because of the magic of Keynesian economics – i.e., beneficiaries will have more income, which will then get spent, thus stimulating the […]
on September 17, 2012 at 8:40 am Tax Rates Impact Economic Performance, but other Policies also Matter « International Liberty

[…] hope, by the way, that neither Hubbard nor Swagel made the Keynesian argument that tax cuts are pro-growth because “they put money in people’s pockets.” […]
on September 17, 2012 at 9:12 am Tax Rates Impact Economic Performance, but other Policies also Matter | Cato @ Liberty

[…] hope, by the way, that neither Hubbard nor Swagel made the Keynesian argument that tax cuts are pro-growth because “they put money in people’s pockets.” Leonhardt […]
on September 23, 2012 at 7:16 am Here’s What’s Wrong with the Simpson-Bowles Deficit-Reduction Plan « International Liberty

[…] the report even includes Keynesian policy, stating that “…budget cuts should start gradually so they don’t interfere with the […]
on September 28, 2012 at 9:52 am Obama’s Phony Economic Patriotism « International Liberty

[…] also got to take a jab at the failed Keynesian stimulus. And I explained that big government facilitates corruption and that excessive government […]
on October 1, 2012 at 11:52 am Voters Don’t Believe Paul Krugman « International Liberty

[…] also not a fan of bigger government in the short run, which is what we get from Keynesian economics and so-called […]
on October 9, 2012 at 12:32 pm New Video Shows that Obamanomics Is a Failure « International Liberty

[…] narrated a video on why Keynesian economics is bad theory, I’ve also narrated a video specifically debunking Obama’s failed stimulus, and […]
on October 9, 2012 at 1:03 pm New Video Shows that Obamanomics Is a Failure - Forbes

[…] narrated a video on why Keynesian economics is bad theory, I’ve also narrated a video specifically debunking Obama’s failed stimulus, and I’ve put […]
on October 9, 2012 at 1:50 pm New Video Shows that Obamanomics Is a Failure | Cato @ Liberty

[…] narrated a video on why Keynesian economics is bad theory, I’ve also narrated a video specifically debunking Obama’s failed stimulus, and […]
on October 9, 2012 at 2:02 pm Think Tank West » New Video Shows that Obamanomics Is a Failure

[…] narrated a video on why Keynesian economics is bad theory, I’ve also narrated a video specifically debunking Obama’s failed stimulus, and […]
on October 9, 2012 at 2:48 pm New Video Shows that Obamanomics Is a Failure « lessbull.com

[…] narrated a video on why Keynesian economics is bad theory, I’ve also narrated a video specifically debunking Obama’s failed stimulus, and […]
on October 12, 2012 at 12:25 pm No Matter How Hard He Tries, Obama Will Never Be as Bad as FDR « International Liberty

[…] And the main achievement of his first year was the so-called stimulus, which was based on the same Keynesian theory that a nation can become richer by switching money from one pocket to another. …Obama did […]
on October 15, 2012 at 1:18 am Obama n'arrive pas à la cheville de Roosevelt - Contrepoints | Contrepoints

[…] de sa première année de mandat a été la prétendue relance, toujours fondée sur la même théorie keynésienne qui dit qu’une nation ne peut s'enrichir qu’en faisant transiter l’argent d'une poche à […]
on October 29, 2012 at 9:01 am Comparing Obama’s job creation record to other presidents « HaltingArkansasLiberalswithTruth

[…] He promised unemployment would never climb above 8 percent if Congress squandered $800 billion on a Keynesian stimulus scheme. […]
on November 2, 2012 at 8:13 am A Four-Picture Indictment: Final Pre-Election Jobs Report Is Not Good News for Obama « International Liberty

[…] is more than 2-1/2 percentage points higher than Obama claimed it would be if we implemented his Keynesian […]
on November 2, 2012 at 11:32 am A Four-Picture Indictment: Final Pre-Election Jobs Report Is Not Good News for Obama « lessbull.com

[…] is more than 2.5 percentage points higher than Obama claimed it would be if we implemented his Keynesian […]
on November 3, 2012 at 1:47 pm Final PreElection Jobs Report Is Not Good News for Obama - OBAMA-B-GONE

[…] is more than 2-1/2 percentage points higher than Obama claimed it would be if we implemented his Keynesian […]
on November 7, 2012 at 9:57 am Seven Silver Linings in Yesterday’s Election Results « International Liberty

[…] get any political benefit from having flushed $800 billion down the drain on a bunch of Keynesian […]
on November 8, 2012 at 5:15 am Seven Silver Linings in Tuesday's Election Results - Conservative Read

[…] didn’t get any political benefit from having flushed $800 billion down the drain on a bunch of Keynesian […]
on November 8, 2012 at 2:53 pm The Simple Solution to the Fiscal Cliff « International Liberty

[…] originally included an explanation of why the CBO estimate is flawed because of Keynesian methodology, but those sentences fell victim to space constraints. Nonetheless, it’s worth noting that […]
on November 9, 2012 at 1:57 pm Dan Mitchell’s solution to the “Fiscal Cliff” « HaltingArkansasLiberalswithTruth

[…] originally included an explanation of why the CBO estimate is flawed because of Keynesian methodology, but those sentences fell victim to space constraints. Nonetheless, it’s worth noting that even […]
on November 11, 2012 at 9:39 am For the Sake of Intellectual Integrity, Republicans Should Not Cite the CBO When Arguing against Obama’s Proposed Fiscal-Cliff Tax Hike « International Liberty

[…] all intents and purposes, the CBO has a slavish devotion to Keynesian theory in the short run, which means more spending supposedly is good for growth. But CBO also believes […]
on November 11, 2012 at 4:06 pm For the Sake of Intellectual Integrity, Republicans Should Not Cite the CBO When Arguing against Obama’s Proposed Fiscal-Cliff Tax Hike « lessbull.com

[…] all intents and purposes, the CBO has a slavish devotion to Keynesian theory in the short run, which means more spending supposedly is good for growth. But CBO also believes […]
on November 29, 2012 at 8:38 am Is President Obama going to bankrupt our country by going from 10 trillion to 22 trillion in debt? (Part 15) « HaltingArkansasLiberalswithTruth

[…] his guns-n-butter Keynesianism, it’s no big surprise that LBJ ranks last. And “W” also gets a very low […]
on December 2, 2012 at 1:49 pm Cartoonists Are Much Smarter than Republicans « International Liberty

[…] Obama’s class-warfare fire, by contrast, is nothing but bad news. The tax increases might not be as large in the short run, but they would be designed to impose maximum damage on the economy. And the sequester would disappear. Indeed, Obama’s actually demanding more Keynesian stimulus! […]
on December 4, 2012 at 10:14 am Cartoonists Are Much Smarter than Republicans « The blog for taxspecialists

[…] Obama’s class-warfare fire, by contrast, is nothing but bad news. The tax increases might not be as large in the short run, but they would be designed to impose maximum damage on the economy. And the sequester would disappear. Indeed, Obama’s actually demanding more Keynesian stimulus! […]
on December 6, 2012 at 9:24 am Don’t Get Bamboozled by the Fiscal Cliff: Five Policy Reasons and Five Political Reasons Why Republicans Should Not Break their No-Tax-Hike Promises « International Liberty

[…] terminations or real entitlement reform. Heck, Obama even proposed more spending for additional Keynesian faux stimulus. Republicans will be laughingstocks if they get […]
on December 6, 2012 at 9:30 am Don’t Get Bamboozled by the Fiscal Cliff: Five Policy Reasons and Five Political Reasons Why Republicans Should Keep their No-Tax-Hike Promises « International Liberty

[…] terminations or real entitlement reform. Heck, Obama even proposed more spending for additional Keynesian faux stimulus. Republicans will be laughingstocks if they get […]
on December 6, 2012 at 12:07 pm A Perfect Holiday Album for the Keynesians on Your Christmas List « International Liberty

[…] 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 […]
on December 6, 2012 at 12:44 pm A Perfect Holiday Album for the Keynesians on Your Christmas List | Cato @ Liberty

[…] 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 […]
on December 6, 2012 at 3:12 pm A Perfect Holiday Album for the Keynesians on Your Christmas List « lessbull.com

[…] 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 […]
on December 14, 2012 at 3:58 pm A Case Study of How Interest Groups “Milk” the Public « International Liberty

[…] Isn’t that just wonderful. The politicians justified a corrupt form of intervention by citing the crackpot theory of Keynesian economics. […]
on December 19, 2012 at 11:41 am Portgual May Become the First of Europe’s Bankrupt Welfare States to Stumble upon Genuine Recovery Formula: Less Spending AND Lower Tax Rates « International Liberty

[…] guess is as good as mine, but Portugal’s leaders already have acknowledged that Keynesian fiscal policy is ineffective. Perhaps they’ve gotten to the point where they realize punitive tax systems also are […]
on December 19, 2012 at 10:27 pm Portugal May Become the First of Europe’s Bankrupt Welfare States to Stumble upon a Genuine Recovery Formula: Less Spending AND Lower Tax Rates | lessbull.com

[…] guess is as good as mine, but Portugal’s leaders already have acknowledged that Keynesian fiscal policy is ineffective. Perhaps they’ve gotten to the point where they realize punitive tax systems also are […]
on December 21, 2012 at 10:39 am The USA must cut spending and balance budget or end up like Greece « HaltingArkansasLiberalswithTruth

[…] Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s generally a code word for more Keynesian spending. […]
on December 23, 2012 at 2:04 pm Question of the Week: When Will the Economy Suffer the Consequences of the Fed’s Easy-Money Policy « International Liberty

[…] I don’t think that’s the case. I fear Bernanke is in over his head and that the Fed is engaging in the monetary version of Keynesian economics. […]
on December 28, 2012 at 4:12 am Austérité en Europe ? Quelle austérité ? | Contrepoints

[…] gouvernement portugais a déjà reconnu que les politiques budgétaires keynésiennes sont inefficaces. Peut-être est-il parvenu au point de se rendre compte que les systèmes fiscaux confiscatoires […]
on January 4, 2013 at 8:42 am Open letter to President Obama (Part 212) « HaltingArkansasLiberalswithTruth

[…] Some folks say they want “austerity,” but that’s largely a code word for higher taxes. They’re fighting against the people who say they want “growth,” but that’s generally a code word for more Keynesian spending. […]
on January 8, 2013 at 7:44 am Open letter to President Obama (Part 215) « HaltingArkansasLiberalswithTruth

[…] government spending create jobs? This is the discredited Keynesian notion that you become richer by switching money from your right pocket to left pocket, and I explain that […]
on January 15, 2013 at 1:14 pm The Basket Case Sometimes Known as Japan « International Liberty

[…] but I think that collapse is almost inevitable at this point. Class warfare tax policy and Keynesian fiscal policy are not a recipe for a good […]
on January 17, 2013 at 10:58 am Obama’s stimulus failed according to his own figures « HaltingArkansasLiberalswithTruth

[…] Keynesian spending policies and class-warfare tax policies have produced dismal economic performance, with unemployment stuck above 8 percent – even though the White House promised the joblessness rate by this point would be about 5.5 percent if we squandered $800 billion-plus on the so-called stimulus. […]
on January 21, 2013 at 12:27 pm Can You Name America’s Most Effective Think Tank? « International Liberty

[…] When Obama first took office and faced very little opposition, the Cato Institute took the lead against the faux stimulus, rallying hundreds of economists (including Nobel laureates) in opposition to the White House’s primitive Keynesianism. […]
on January 31, 2013 at 10:53 am Making Sense of Keynesian-Laced GDP Reports « International Liberty

[…] The video is more than two years old and it focuses mostly on the misguided notion that consumer spending drives growth, but you’ll see that the analysis also debunks the Keynesian notion that government spending boosts an economy (and if you want more information on Keynesianism, here’s another video you may enjoy). […]
on February 1, 2013 at 9:46 am In a Continuing Indictment of Obamanomics, another Bad Jobs Number Showing the “New Normal” of High Unemployment « International Liberty

[…] to criticize the Administration’s overall record, and I simultaneously get to take a jab at Keynesian spending […]
on February 9, 2013 at 10:36 am The Sequester Should Be Embraced, not Feared « International Liberty

[…] But I think I did a decent job once the juices started flowing, though it’s hard to have an argument with someone who still believes in the snake-oil of Keynesian economics. […]
on February 12, 2013 at 5:07 pm The Joy of “Involuntary Contributions” « International Liberty

[…] Stantis, by the way, produced the best-ever cartoon about the so-called stimulus. In one picture, he achieved everything I tried to explain in my video on Keynesian economics. […]
on February 13, 2013 at 2:15 am Open letter to President Obama (Part 238) « HaltingArkansasLiberalswithTruth

[…] the end of our interview, I obviously disagreed with Jared’s embrace of the Keynesian fantasy that more government spending magically increases growth. If I was feeling mean, I could have […]
on February 13, 2013 at 10:53 am The Great TCI Anti-VAT Mutiny of 2013 « International Liberty

[…] That’s certainly what we’ve seen in Europe, both when the VAT was first implemented beginning about 45 years ago and more recently when many nations increased the rate to finance bailouts and faux Keynesian stimulus. […]
on February 17, 2013 at 12:06 pm Defending Cato from the Predictably Inaccurate Ramblings of Paul Krugman « International Liberty

[…] we are critics of Keynesianism for reasons I explain in this video. And if you look at current economic performance, it’s certainly difficult to make the […]
on February 18, 2013 at 7:11 am Defending Cato from the Predictably Inaccurate Ramblings of Paul Krugman | BEVALIANT

[…] we are critics of Keynesianism for reasons I explain in this video. And if you look at current economic performance, it’s certainly difficult to make the argument […]
on February 18, 2013 at 9:52 pm The Cato Institute Dismantles Paul Krugman « Jacobboyd.com

[…] we are critics of Keynesianism for reasons I explain in this video. And if you look atcurrent economic performance, it’s certainly difficult to make the argument […]
on February 19, 2013 at 7:09 am Cartoons from Dan Mitchell’s blog that demonstrate what Obama is doing to our economy Part 3.1 (Solyndra investment cartoon) « HaltingArkansasLiberalswithTruth

[…] Stantis, by the way, produced the best-ever cartoon about the so-called stimulus. In one picture, he achieved everything I tried to explain in my video on Keynesian economics. […]
on February 22, 2013 at 7:15 am Open letter to President Obama (Part 245) | HaltingArkansasLiberalswithTruth

[…] They think low-income people will benefit because of the magic of Keynesian economics – i.e., beneficiaries will have more income, which will then get spent, thus stimulating the […]
on February 22, 2013 at 7:21 am There are five major policy areas, each of which counts for 20 percent of a nation’s grade | HaltingArkansasLiberalswithTruth

[…] hope, by the way, that neither Hubbard nor Swagel made the Keynesian argument that tax cuts are pro-growth because “they put money in people’s pockets.” Leonhardt […]
on February 24, 2013 at 1:10 pm Debunking Sequester Hysteria from the Big Spenders in Washington | International Liberty

[…] also comments on the Keynesian economic theory being used to fight against […]
on February 24, 2013 at 5:49 pm Sequester Cartoons from Dan Mitchell’s blog Part 1 | HaltingArkansasLiberalswithTruth

[…] also comments on the Keynesian economic theory being used to fight against […]
on February 26, 2013 at 11:53 am Karl Rove and the Rest of the GOP Establishment Should Think Twice Before Trying to Undermine the Tea Party | International Liberty

[…] It’s now been more than 951 days, and let’s be thankful with every passing second. A “do-nothing” Congress is a very good thing if the only other option is to pass monstrosities such as Obamacare and Keynesian spending schemes. […]
on February 26, 2013 at 1:25 pm The Sequester is a Good Thing! | God's Word for Women

[…] But I think I did a decent job once the juices started flowing, though it’s hard to have an argument with someone who still believes in the snake-oil of Keynesian economics. […]
on February 27, 2013 at 12:32 pm Excellent Sequester Cartoons | International Liberty

[…] one from A.F. Branco, which I also like because it simultaneously mocks Obama’s Keynesian mindset while showing that the real danger is an ever-rising burden of government […]
on February 27, 2013 at 5:54 pm Sequester Cartoons from Dan Mitchell’s blog Part 3 | HaltingArkansasLiberalswithTruth

[…] one from A.F. Branco, which I also like because it simultaneously mocks Obama’s Keynesian mindset while showing that the real danger is an ever-rising burden of government […]
on March 1, 2013 at 10:15 am Let’s Shed a Tear for those Under-Appreciated Bureaucrats Who Get Lavish Pensions and Live in $700K Homes | International Liberty

[…] imagine the Keynesian death spiral that will occur when the carpenter and dog walker then have to cut back on their purchases? Maybe […]
on March 5, 2013 at 9:43 am Challenge for Keynesian Anti-Sequester Hysterics: Why Did Canada’s Economy Boom When the Burden of Spending Was Sharply Reduced? | International Liberty

[…] example is important because the Obama White House is making the Keynesian argument that a smaller burden of government spending somehow will translate into less growth and fewer […]
on March 6, 2013 at 10:30 am Challenge for Keynesian Anti-Sequester Hysterics: Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending? | International Liberty

[…] So perhaps the only logical conclusion to reach is that government is too big and that Keynesian economics is wrong. […]
on March 6, 2013 at 11:13 am Obama makes me long for the good ole days when the economy was expanding | HaltingArkansasLiberalswithTruth

[…] So perhaps the only logical conclusion to reach is that government is too big and that Keynesian economics is wrong. […]
on March 7, 2013 at 12:26 am Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending?

[…] So perhaps the only logical conclusion to reach is that government is too big and that Keynesian economics is wrong. […]
on March 9, 2013 at 10:42 am Open letter to President Obama (Part 263) | HaltingArkansasLiberalswithTruth

[…] hope, by the way, that neither Hubbard nor Swagel made the Keynesian argument that tax cuts are pro-growth because “they put money in people’s pockets.” Leonhardt […]
on March 10, 2013 at 12:50 pm As Humorously Explained by Henry Payne, the World Amazingly Didn’t End When Uncle Sam Got Put on a Sequester Diet | International Liberty

[…] humor, but also the fact that it makes clear that government is too big and it also debunks the Keynesian notion that bad things will happen if we have even an itsy-bitsy degree of fiscal […]
on March 11, 2013 at 6:37 am Another funny sequester cartoon from Dan Mitchell’s blog | The Daily Hatch

[…] humor, but also the fact that it makes clear that government is too big and it also debunks the Keynesian notion that bad things will happen if we have even an itsy-bitsy degree of fiscal […]
on March 14, 2013 at 6:50 am Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor, cartoon included) | The Daily Hatch

[…] also comments on the Keynesian economic theory being used to fight against […]
on March 20, 2013 at 6:55 am An Inside Look at Left-Wing Social Science Gun Research | International Liberty

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by […]
on March 20, 2013 at 8:55 am Comparison of crime data and concealed carry gun laws between Houston and Chicago (includes funny gun control posters) | The Daily Hatch

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by taking […]
on March 20, 2013 at 9:27 am An Inside Look at Left-Wing Social Science Gun Research « Sago

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by taking […]
on March 21, 2013 at 8:41 am A Look at Left-Wing Social Science and Gun Research

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by […]
on March 21, 2013 at 10:40 pm A Look at Left-Wing Social Science and Gun Research « OBAMA-B-GONEOBAMA-B-GONE

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by taking […]
on March 28, 2013 at 6:45 am Dear Senator Pryor, here are some spending cut suggestions (“Thirsty Thursday”, Open letter to Senator Pryor, cartoon included) | The Daily Hatch

[…] one from A.F. Branco, which I also like because it simultaneously mocks Obama’s Keynesian mindset while showing that the real danger is an ever-rising burden of government […]
on March 29, 2013 at 3:48 pm Another Victory for Good Fiscal Policy | International Liberty

[…] P.P.P.S. Dynamic scoring is a double-edged sword. If the statists control everything, they’ll use the process to justify more spending using discredited Keynesian economics. […]
on April 1, 2013 at 11:53 am Pick Your Favorite April Fool’s Day Prank | International Liberty

[…] an unlimited credit card and tell them that more spending is good for the economy according to Keynesian economics. Though I’m not sure whether who that joke will hurt the most, the kids, the parents, the […]
on April 5, 2013 at 4:28 pm Debunking Krugman’s European Austerity Narrative | International Liberty

[…] at least most of them aren’t compounding those mistakes with Keynesian spending schemes and class-warfare tax […]
on April 9, 2013 at 7:04 am The Overlooked Jobs Tragedy | International Liberty

[…] That episode should be additional proof that Keynesian economics is misguided. […]
on April 9, 2013 at 7:31 am Sequester did not hurt job growth!!!!! | The Daily Hatch

[…] That episode should be additional proof that Keynesian economics is misguided. […]
on April 10, 2013 at 9:24 am Margaret Thatcher and the Battle of the 364 Keynesians (includes editorial cartoon) | The Daily Hatch

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion […]
on April 19, 2013 at 12:56 am Open letter to President Obama (Part 302.1) | The Daily Hatch

[…] He promised unemployment would never climb above 8 percent if Congress squandered $800 billion on a Keynesian stimulus scheme. […]
on April 19, 2013 at 2:19 pm False Alarm: The Libertarian Revolution Has Not Begun | International Liberty

[…] actually surprised that they got arrested. Based on Keynesian economics, they should get medals for “stimulating” the […]
on April 25, 2013 at 9:28 am New European Central Bank Study Finds that Government Spending Undermines Growth | International Liberty

[…] Keynesians argue that deficits are good for growth and this leads them to support more government […]
on April 25, 2013 at 12:14 pm Government spending undermines economic growth | The Daily Hatch

[…] The Keynesians argue that deficits are good for growth and this leads them to support more government spending. […]
on April 27, 2013 at 11:45 am Question of the Week: Are there any Lessons to Be Learned from the Rogoff-Reinhart Kerfuffle? | International Liberty

[…] if you want to know my opinion, I’m not a fan of either side. Unlike the Keynesians, I don’t think debt is good for growth. But I also think it doesn’t make sense to […]
on May 1, 2013 at 3:30 pm Krugton the Invincible…or Krugman the Inadvertent Opponent of Tax Increases? | International Liberty

[…] let’s recap. When nations try Keynesianism, they get bad result because more government spending isn’t conducive to […]
on May 3, 2013 at 9:38 am Where Are the European Spending Cuts? | International Liberty

[…] Krugman recently tried to declare victory for Keynesian economics over so-called austerity, but all he really accomplished was to show that tax-financed government […]
on May 3, 2013 at 6:09 pm Where Are the European Spending Cuts? | lessbull.com

[…] Krugman recently tried to declare victory for Keynesian economics over so-called austerity, but all he really accomplished was to show that tax-financed government […]
on May 8, 2013 at 12:21 am La mauvaise austérité européenne | Contrepoints

[…] Krugman a récemment tenté de proclamer la victoire des keynésiens sur la soi-disant austérité, mais tout ce qu'il a vraiment accompli est la démonstration que les […]
on May 9, 2013 at 10:44 am Jobs, Recycled Gibberish | Tarpon's Swamp

[…] I enjoy using this chart to indict Obamanomics, in part because it’s a two-fer. I get to criticize the Administration’s overall record, and I simultaneously get to take a jab at Keynesian spending schemes. […]
on May 10, 2013 at 11:07 am Following in Geithner’s Footsteps, Treasury Secretary Lew Urges Bad Fiscal Policy in other Nations | International Liberty

[…] successor apparently is equally oblivious. He’s badgering the Germans to adopt Keynesian policies to “stimulate” growth, even though the Germans are doing better than most other […]
on May 14, 2013 at 12:11 pm Hell Has Officialy Frozen Over: French Support Spending Cuts by Overwhelming 4-1 Margin | International Liberty

[…] impressive considering that Pew asked the question in a very biased way, presupposing that Keynesian economics actually […]
on May 16, 2013 at 1:37 am Open letter to President Obama (Part 320) | The Daily Hatch

[…] the report even includes Keynesian policy, stating that “…budget cuts should start gradually so they don’t interfere with the ongoing […]
on May 18, 2013 at 5:24 pm UFOs, Faked Moon Landings, and Fiscal Policy | International Liberty

[…] favored spending cuts, even when they were asked a biased question that presupposed that Keynesian-style spending increases would “stimulate” the […]
on May 19, 2013 at 4:54 pm People’s faith in big government is dropping fast!! | The Daily Hatch

[…] favor spending cuts, even when they were asked a biased question that presupposed that Keynesian-style spending increases would “stimulate” the […]
on May 23, 2013 at 2:02 pm The IMF Is the Doctor Kevorkian of Global Economic Policy | International Liberty

[…] have more and more evidence with each passing day that Keynesian economics doesn’t work. President Bush imposed a so-called stimulus plan in 2008 and President Obama imposed an even […]
on May 23, 2013 at 4:33 pm Jack Kevorkian and the economy!!!! | The Daily Hatch

[…] have more and more evidence with each passing day that Keynesian economics doesn’t work. President Bush imposed a so-called stimulus plan in 2008 and President Obama imposed an even […]
on May 24, 2013 at 6:34 pm The IMF Is the Doctor Kevorkian of Global Economic Policy

[…] have more and more evidence with each passing day that Keynesian economics doesn’t work. President Bush imposed a so-called stimulus plan in 2008 and President Obama imposed an even […]
on May 29, 2013 at 6:37 am Cartoons from Dan Mitchell’s blog that demonstrate what Obama is doing to our economy (stimulus cartoon) | The Daily Hatch

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion […]
on June 1, 2013 at 10:20 am Discussing Europe’s Faux Austerity with John Stossel | International Liberty

[…] Keynesian spending doesn’t work, regardless of when it’s been tried. […]
on June 1, 2013 at 10:53 am Keynesian spending doesn’t work | The Daily Hatch

[…] Liberls will tell you that we have to spend more to get out of a recession but Keynesian spending do… […]
on June 10, 2013 at 10:36 am Let’s Hope for Heavy Casualties on Both Sides in the War Between the IMF and European Commission | International Liberty

[…] one side, you have “austerity” proponents of higher taxes. On the other side, you have Keynesians who think a higher burden of government spending will produce […]
on June 13, 2013 at 7:18 am Open letter to President Obama (Part 340) | The Daily Hatch

[…] 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 […]
on June 13, 2013 at 7:31 am We could get major change in entitlements in 2016 | The Daily Hatch

[…] didn’t get any political benefit from having flushed $800 billion down the drain on a bunch of Keynesian […]
on June 15, 2013 at 11:54 am Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth? | International Liberty

[…] repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the […]
on June 15, 2013 at 4:58 pm Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good for Growth? | We the People

[…] repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the […]
on June 16, 2013 at 5:31 am Other than Obama and Krugman, Is there Anybody Who Still Thinks Bigger Government Is Good ?

[…] repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the […]
on June 16, 2013 at 9:52 am More on the death of Keynesian stimulus voodoo. | The Rugged Individualist

[…] repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the […]
on June 17, 2013 at 6:53 am Open letter to President Obama (Part 342) | The Daily Hatch

[…] terminations or real entitlement reform. Heck, Obama even proposed more spending for additional Keynesian faux stimulus. Republicans will be laughingstocks if they get […]
on June 18, 2013 at 5:33 pm Europe’s Politicians Learned the Wrong Lesson from Saint Augustine | International Liberty

[…] I explain why Keynesian economics is misguided, in part because government can’t spend money without taking resources from the productive […]
on June 19, 2013 at 12:37 pm The Stopped Clock at the IMF Tells Us that It Is Time to Reduce Bureaucratic Excess | lessbull.com

[…] repeatedly explained that Keynesian economics doesn’t work because any money the government spends must first be diverted from the productive sector of the […]
on June 23, 2013 at 12:35 am Mise en garde du FMI contre la bureaucratie - Contrepoints | Contrepoints

[…] de nombreuses fois expliqué que l'économie keynésienne est bancale parce que chaque somme dépensée par l’État doit d'abord être détournée du secteur productif […]
on June 27, 2013 at 4:11 am Very Bad News for Europe’s Young People | International Liberty

[…] also explained that Keynesian spending schemes won’t create […]
on July 9, 2013 at 1:56 am Economist Antony Davies’ video “Does Stimulus Spending Work?” (includes editorial cartoon) | The Daily Hatch

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion […]
on July 9, 2013 at 12:27 pm Do we need another stimulus? | The Daily Hatch

[…] 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 […]
on August 23, 2013 at 12:30 am Republicans falling for that “balanced approach” ploy again? (Cartoon) | The Daily Hatch

[…] Obama’s class-warfare fire, by contrast, is nothing but bad news. The tax increases might not be as large in the short run, but they would be designed to impose maximum damage on the economy. And the sequester would disappear. Indeed, Obama’s actually demanding more Keynesian stimulus! […]
on September 2, 2013 at 8:03 am Even Scandinavian Welfare States Realize Too Much Dependency and Too Many Handouts Are Destructive | International Liberty

[…] But you won’t be surprised to learn that there’s still plenty of bad policy in Denmark. The politicians can’t resist, for instance, the siren song of Keynesian economics. […]
on September 4, 2013 at 12:53 am Cartoonists Are Much Smarter than Republicans | The Daily Hatch

[…] Obama’s class-warfare fire, by contrast, is nothing but bad news. The tax increases might not be as large in the short run, but they would be designed to impose maximum damage on the economy. And the sequester would disappear. Indeed, Obama’s actually demanding more Keynesian stimulus! […]
on October 5, 2013 at 6:15 am Cheered on by the OECD, Japan Announces Higher VAT Rate to Enable Bigger Government | International Liberty

[…] even though several so-called stimulus plans in Japan have flopped over the past two decades (Keynesian economics doesn’t work anywhere, but that’s a topic for another […]
on October 30, 2013 at 1:32 pm Keynesian Economics, Government Shutdowns, and Economic Growth | International Liberty

[…] government spending means that more funds are available in credit markets for private spending. This video explains why Keynesian theory is […]
on October 30, 2013 at 1:52 pm Keynesian Economics, Government Shutdowns, and Economic Growth | TokNok Multi Social Blogging Solutions

[…] government spending means that more funds are available in credit markets for private spending. This video explains why Keynesian theory is […]
on November 5, 2013 at 2:58 am Open letter to President Obama (Part 446) Comparison of crime data and concealed carry gun laws between Houston and Chicago (includes funny gun control posters) | The Daily Hatch

[…] for instance, do some people believe in Keynesian economics, when it is premised on the fanciful notion that you can increase “spending power” by taking […]
on November 8, 2013 at 10:29 am Obamanomics and the Vanishing American Worker | International Liberty

[…] good old Keynesian economics. Over-promising and under-delivering ever since the failed policies of Hoover and […]
on November 15, 2013 at 2:30 am Simpson-Bowles commission plan wants to expand the federal government by raising taxes!!! | The Daily Hatch

[…] the report even includes Keynesian policy, stating that “…budget cuts should start gradually so they don’t interfere with the ongoing […]
on November 17, 2013 at 12:47 pm Obama Administration Urges More Unemployment | International Liberty

[…] nonetheless good for the economy because of the impact on aggregate demand. But even if you believe Keynesian theory, the authors find that unemployment benefits don’t help because of the offsetting foregone […]
on November 18, 2013 at 10:00 am Obama Administration Urges More Unemployment « Sago

[…] nonetheless good for the economy because of the impact on aggregate demand. But even if you believe Keynesian theory, the authors find that unemployment benefits don’t help because of the offsetting foregone income […]
on November 26, 2013 at 9:32 am The idea of extending long-term unemployment insurance past its current expiration date is stupid!!! | The Daily Hatch

[…] nonetheless good for the economy because of the impact on aggregate demand. But even if you believe Keynesian theory, the authors find that unemployment benefits don’t help because of the offsetting foregone income […]
on November 27, 2013 at 2:58 am Open letter to President Obama (Part 462) Economist Antony Davies’ video “Does Stimulus Spending Work?” (includes editorial cartoon) | The Daily Hatch

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion […]
on December 2, 2013 at 1:32 am Open letter to President Obama (Part 465) (Government spending undermines economic growth) | The Daily Hatch

[…] The Keynesians argue that deficits are good for growth and this leads them to support more government spending. […]
on December 9, 2013 at 1:55 am Open letter to President Obama (Part 470) (If Republicans raise taxes then they are dumb includes several cartoons) | The Daily Hatch

[…] Obama’s class-warfare fire, by contrast, is nothing but bad news. The tax increases might not be as large in the short run, but they would be designed to impose maximum damage on the economy. And the sequester would disappear. Indeed, Obama’s actually demanding more Keynesian stimulus! […]
on December 19, 2013 at 12:58 pm President Obama’s Most Amazing Accomplishment | International Liberty

[…] I don’t think anyone, regardless of ideology, would pick the so-called stimulus. Advocates of small government say it was a waste of money based on deeply flawed Keynesian theory. […]
on December 29, 2013 at 5:39 pm Bipartisanship Is Generally a Good Thing…but for Politicians rather than Taxpayers | International Liberty

[…] When almost every Republican and Democrat argued for a Keynesian-style stimulus in 2008, libertarians had the lonely job of explaining that you don’t get more […]
on January 14, 2014 at 1:37 am Open letter to President Obama (Part 496) (Challenge for Keynesian Anti-Sequester Hysterics: Why Did America’s Economy Boom When Reagan and Clinton Reduced the Burden of Spending?) | The Daily Hatch

[…] So perhaps the only logical conclusion to reach is that government is too big and that Keynesian economics is wrong. […]
on January 19, 2014 at 8:30 am Deconstructing Obama’s Dismal Record on Jobs | International Liberty

[…] you can see, this is hardly a ringing endorsement for the Keynesian notion that more government spending is good for job creation (or for Nancy Pelosi’s laughable claim […]
on January 20, 2014 at 7:17 am Obama is far behind other presidents on job creation!!!! | The Daily Hatch

[…] you can see, this is hardly a ringing endorsement for the Keynesian notionthat more government spending is good for job creation (or for Nancy Pelosi’s laughable […]
on January 26, 2014 at 7:16 am Everything You Ever Needed to Know about the Left’s View of Income Inequality, Captured in a Single Image | International Liberty

[…] the so-called “austerity” vs “growth” argument is grossly misguided because Keynesian spending isn’t pro-growth and also because it’s important to distinguish between good austerity and bad […]
on January 27, 2014 at 8:15 am Making America more like France will not help the poor in the USA!!!! | The Daily Hatch

[…] explained that the so-called “austerity” vs “growth” argument is grossly misguided because Keynesian spending isn’t pro-growth and also because it’s important to distinguish between good austerity and bad […]
on January 30, 2014 at 2:25 am Open letter to President Obama (Part 508) (Margaret Thatcher and the Battle of the 364 Keynesians) | The Daily Hatch

[…] the way, if you want to understand in greater detail why the cartoon is accurate, this video on Keynesian economics is helpful, as is this video explaining the failure of Obama’s $1 trillion […]
on January 30, 2014 at 12:42 pm ¿QUIÉN HA DICHO QUE LA ECONOMÍA ES DIFÍCIL? | GOING ROGUE, GOING PALIN

[…] llamada “austeridad” vs “crecimiento” es manifiestamente errónea porque el gasto keynesiano no es a favor del crecimiento y también porque es importante distinguir entre la buena y la mala […]
on January 31, 2014 at 11:46 am Yet another Example of the Failure of Keynesian Economics | International Liberty

[…] made this statement because Keynesian theory says government spending can boost “aggregate demand” and goose an economy. So less […]
on February 2, 2014 at 2:34 pm Divide and Conquer « Old Glory Lighthouse Journal

[…] Like what VP Bodin told everyone – government spending boosts aggregate demand and stimulates the economy. Totally a Keynesian economic theory. […]
on February 6, 2014 at 12:48 pm New CBO Numbers Show a Remarkably Simple Path to a Balanced Budget | International Liberty

[…] And even though CBO is finally admitting some of the flaws in Obamacare, the bureaucrats are still unrepentant Keynesians. Check out this excerpt from a story in yesterday’s Washington […]
on February 8, 2014 at 12:22 pm Crying about Obamacare, but also Laughing at Obamacare | International Liberty

[…] growth with 100 percent tax rates. And the bureaucrats at CBO also are reflexive advocates of Keynesian economics, which is why they claimed that Obama’s so-called stimulus was creating jobs even though […]
on February 10, 2014 at 1:14 pm Obamacare Death Panels Kills Jobs more often than people!!! | The Daily Hatch

[…] growth with 100 percent tax rates. And the bureaucrats at CBO also are reflexive advocates of Keynesian economics, which is why they claimed that Obama’s so-called stimulus was creating jobs even though […]
on February 21, 2014 at 12:14 pm White House Stimulus Report Based on “Keynesian Fairy Dust” | International Liberty

[…] Here’s my video on Keynesian economics and here’s my video on Obama’s failed […]
on February 22, 2014 at 2:47 pm Happy 5th Anniversary, Obama Stimulus | News, Views and Reviews: Sid Harth

[…] Here’s my video on Keynesian economics and here’s my video on Obama’s failed […]
on February 24, 2014 at 3:36 pm The Missing Data in Krugman’s German Austerity Narrative | International Liberty

[…] an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do […]
on February 24, 2014 at 7:21 pm The Missing Data in Krugman’s German Austerity Narrative | The Moral Liberal | The Moral Liberal

[…] an ongoing debate about Keynesian economics, stimulus spending, and various versions of fiscal austerity, and regular readers know I do […]
on March 9, 2014 at 10:38 am Making Fun of Keynesian Economics | International Liberty

[…] here’s my video debunking Keynesian […]
on March 10, 2014 at 11:20 am The Best Way for Politicians to “Create” Jobs Is to…Get Out of the Way | International Liberty

[…] for instance, that “government spending can support economic growth during a recession” That Keynesian statement sounds more like Brookings than AEI. He also has Obama’s faith in “shovel-ready jobs,” […]
on March 15, 2014 at 9:16 am Secret Videotape of Obama Cabinet Meeting Unveiled! | International Liberty

[…] But I’m only prevaricating to set the stage for some satire about Keynesian economics. […]
on March 22, 2014 at 11:07 am Rand Paul: A Modern-Day Horatius in the Fight to Protect Private Financial Information from Corrupt and Evil Governments | International Liberty

[…] I shared some good jokes about Keynesian economics a few weeks […]
on March 31, 2014 at 9:29 am Is Government Debt a Problem? | International Liberty

[…] money out of people’s pockets.” This is Keynesian economic theory, which I’ve explained many times doesn’t make sense. No need to regurgitate those arguments […]
on May 16, 2014 at 1:39 am Open letter to President Obama (Part 584) If you blame the Sequester for blaming job growth then you don’t have a good grasp on economics | The Daily Hatch

[…] That episode should be additional proof that Keynesian economics is misguided. […]
on May 26, 2014 at 10:24 am The Perplexing Durability of Keynesian Economics | International Liberty

[…] further information, here’s my video on Keynesian […]
on June 14, 2014 at 2:41 pm Does Our Fiscal Salvation Lie in Eastern Europe? | Ending Spending | EndingSpending.com

[…] the weak economy as an excuse to further expand the burden of government spending in hopes that Keynesian economics would magically work (after failing for Hoover and Roosevelt in the 1930s, Japan in the 1990s, Bush […]
on July 17, 2014 at 1:02 am Open letter to President Obama (Part 628) Keynesian spending doesn’t work | The Daily Hatch

[…] Liberals will tell you that we have to spend more to get out of a recession but Keynesian spending d… […]
on July 23, 2014 at 12:33 am Open letter to President Obama (Part 632) People’s faith in big government is dropping fast!! | The Daily Hatch

[…] favor spending cuts, even when they were asked a biased question that presupposed that Keynesian-style spending increases would “stimulate” the […]
on October 3, 2014 at 12:27 pm A Fiscal Policy Tutorial: Everything You Need to Know about the Economics of Government Spending | International Liberty | Lex Rex for All

[…] may have noticed, by the way, that this post does not include any of the videos about Keynesian economics or Obama’s stimulus. That’s an entirely different issue, perhaps best described as being a […]
on December 22, 2014 at 12:12 pm The Final Nail in the Keynesian Coffin? | International Liberty

[…] further information, here’s my video on Keynesian […]
on December 30, 2014 at 11:43 am Another “Oops” Moment for Paul Krugman | International Liberty

[…] a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when […]
on December 30, 2014 at 4:46 pm Another “Oops” Moment for Paul Krugman | The Liberty Herald

[…] a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when […]
on January 16, 2015 at 12:23 pm More Evidence against Big-Spending Keynesian Economics | International Liberty

[…] explained (over and over again) why the Keynesian theory is misguided, and even narrated a video on the […]
on January 25, 2015 at 2:23 pm Ronald Reagan’s Most Under-Appreciated Triumph | International Liberty

[…] of the key tenets of Keynesian economics is that there’s a tradeoff between inflation and unemployment (the so-called Phillips […]
on January 28, 2015 at 8:21 pm Heh!!!! Mitchell Slaps Krugman …. Again!!!! Krugman “Mangles” UK Economic Numbers To Support His Stupidity!!! | suyts space

[…] a leading proponent of the notion that bigger government stimulates growth (a.k.a., Keynesian economics), he’s in the rather difficult position of rationalizing why the economy was stagnant when Obama […]
on April 18, 2015 at 8:12 am More Anti-Factual Analysis from Paul Krugman | International Liberty

[…] but those numbers show the biggest reduction in red ink (presumably a bad thing according to Keynesian stimulus theory) took place in the United […]
on August 6, 2015 at 2:08 pm Budget Myths and Facts for the 2016 Campaign | International Liberty

[…] are two reasons for CRFB’s confusion. First, they seem to accept the Keynesian argument about bigger government and red ink boosting growth, notwithstanding all the evidence to the […]
on August 11, 2015 at 12:53 am Présidentielle américaine : quand le déficit s’invite | Actu Internationnal

[…] y a deux raisons à la confusion du CRFB. Premièrement, il semble accepter l’argument keynésien selon lequel un État obèse avec des déficits encourage la croissance, même s’il va sans dire […]
on November 9, 2015 at 1:59 pm More Great Moments in Spectacular Government Incompetence | International Liberty

[…] interest groups that have their snouts in the federal trough. Second, some of them sincerely think government spending “stimulates” an economy and/or “helps” […]
on November 9, 2015 at 2:08 pm More Great Moments in Spectacular Government Incompetence | Lex Rex for All

[…] interest groups that have their snouts in the federal trough. Second, some of them sincerely think government spending “stimulates” an economy and/or “helps” […]
on December 18, 2015 at 10:32 am More Evidence (from the Establishment!) for Spending Caps | International Liberty

[…] that should be of considerable interest to fans of Keynesian economics. These are the folks who think an extra burst of government spending can stimulate an economy, so they are strongly opposed to balanced budget rules that are perceived to be […]
on January 11, 2016 at 10:17 am A Reaganesque Recipe to Reinvigorate China’s Economy? | International Liberty

[…] was intervening in financial markets to prop up prices, and that was after several years of failed Keynesian-style spending programs that were supposed to “stimulate” […]
on January 27, 2016 at 4:14 pm Has Keynesian Economics Finally Jumped the Shark? | International Liberty

[…] further information, here’s my video on Keynesian […]
on January 28, 2016 at 9:53 am Has Keynesian Economics Finally Jumped the Shark? | Conservative Republican News

[…] further information, here’s my video on Keynesian […]
on February 1, 2016 at 11:51 am Has Keynesian Economics Finally Jumped the Shark? | Lex Rex for All

[…] further information, here’s my video on Keynesian […]
on March 25, 2016 at 1:10 pm Japan’s Descent into Keynesian Parody | International Liberty

[…] the icing on the cake of bad policy is that Japanese politicians are addicted to Keynesian economics. For two-plus decades, they’ve enacted one “stimulus package” after another. None […]
on March 25, 2016 at 3:29 pm Japan’s Descent into Keynesian Parody – Ann Coulter

[…] the icing on the cake of bad policy is that Japanese politicians are addicted to Keynesian economics. For more than two decades, they’ve enacted one “stimulus package” after another. […]
on March 25, 2016 at 3:42 pm Japan's Descent into Keynesian Parody - Cato Institute (blog) - ELLC Information

[…] the icing on the cake of bad policy is that Japanese politicians are addicted to Keynesian economics. For more than two decades, they’ve enacted one “stimulus package” after another. None of […]
on March 26, 2016 at 9:10 pm Japan’s Descent Into Keynesian Parody | EMerging Equity

[…] the icing on the cake of bad policy is that Japanese politicians are addicted to Keynesian economics. For more than two decades, they’ve enacted one “stimulus package” after another. None of […]
on May 22, 2016 at 11:47 am Notwithstanding Keynesian Fantasies, Redistribution Does Not Stimulate Growth | International Liberty

[…] Here’s the video I narrated for the Center for Freedom and Prosperity about […]
on May 29, 2016 at 2:11 pm More Hack Analysis from the IMF | International Liberty

[…] supposed to believe the IMF is guided by evidence when the chief bureaucrat relies on Keynesian theory to make a dishonest argument. I wish that “slashing spending” was one of the options on […]
on June 15, 2016 at 12:31 pm Disentangling Keynesian Fiscal Policy | International Liberty

[…] without first taking the money out of the economy via taxes or borrowing (see cartoon below, or my video on the topic). One can argue, of course, that Keynesian policy leads to more consumer spending by borrowing […]
on June 15, 2016 at 1:42 pm Disentangling Keynesian Fiscal Policy | Lex Rex for All

[…] without first taking the money out of the economy via taxes or borrowing (see cartoon below, or my video on the topic). One can argue, of course, that Keynesian policy leads to more consumer spending by borrowing […]
on June 21, 2016 at 11:48 am Japan and the IMF: A Match Made in Keynesian Hell | International Liberty

[…] government spending. Plenty of gimmicky tax cuts. All of which were designed according to the Keynesian theory that presumes that governments should borrow money and somehow get those funds into people’s […]
on June 29, 2016 at 9:08 am Donald Trump and Hillary Clinton: The Tweedledee and Tweedledum of Statism? | International Liberty

[…] economics doesn’t work, either in theory or in reality. And it’s laughable that the excuse for Keynesian failure is always that […]
on September 9, 2016 at 2:49 pm Another Lesson from Bastiat: So-Called Employment Protection Legislation Is Bad News for Workers | International Liberty

[…] sloppy economist looks at the recipients of government programs and declares that the economy will be stimulated by this additional money that is easily seen, whereas a good economist recognizes that the […]
on September 25, 2016 at 11:22 am Anti-Economics from The Economist | International Liberty

[…] Here’s my video explaining Keynesian […]
on October 15, 2016 at 8:42 am It’s not Just Campaign Rhetoric, Hillary Clinton Actually Believes Keynesian Economics | International Liberty

[…] is a genuine and sincere supporter of the perpetual motion machine of Keynesian economics (i.e., the theory that more government spending is a form of “stimulus” notwithstanding all the evidence […]
on November 11, 2016 at 10:32 am Tesla, SpaceX, SolarCity, and the Cancer of Cronyism (Plus some Post-Election Humor) | International Liberty

[…] know that Keynesian “stimulus” is when politicians borrow from one part of the economy and spend in another part of the economy […]
on November 11, 2016 at 12:03 pm Tesla, SpaceX, SolarCity, and the Cancer of Cronyism (Plus some Post-Election Humor) | Lex Rex for All

[…] know that Keynesian “stimulus” is when politicians borrow from one part of the economy and spend in another part of the economy […]
on February 3, 2017 at 1:44 pm Just Say No to the Debilitating Drug of Keynesian Stimulus | International Liberty

[…] If you want to learn more about Keynesian economics, the video I narrated for the Center for Freedom and Prosperity is a good place to […]
on July 2, 2017 at 9:48 am Even by Keynesian Standards, Cash-for-Clunkers Was a Clunker | International Liberty

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 3, 2017 at 9:44 am Cash-for-Clunkers Was a Clunker - Self-Reliance Central

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 8, 2017 at 8:45 am Cash for Clunkers Was a Complete Failure | The Awakened Zombie

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 12:51 pm Even By Keynes' Standards, Cash For Clunkers Was A Complete Failure | ValuBit News

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 12:53 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure – Earths Final Countdown

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:01 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure | ProTradingResearch

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:04 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure | It's Not The Tea Party

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:04 pm Even By Keynes' Standards, Cash For Clunkers Was A Complete Failure - BuzzFAQs

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:07 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure – Tradebuddy.online Stockmarket news – Forex – News – Realtime market Data- World News – Trading Ideas

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:09 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure | NewZSentinel

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:10 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure | Wall Street Karma

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:30 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure – The Conservative Insider

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:41 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure – Independent News Media

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 1:58 pm Even By Keynes' Standards, Cash For Clunkers Was A Complete Failure | Zero Hedge

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 10, 2017 at 4:47 pm Even By Keynes’ Standards, Cash For Clunkers Was A Complete Failure | US-China News

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]
on July 13, 2017 at 10:21 am Obama's Cash for Clunkers Was a Complete Failure -

[…] economics is fundamentally misguided because it focuses on how to encourage more spending when the real goal should be to figure out […]

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Keynesian Economics Is Wrong

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