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The Many Collapses of Keynesianism

August 27th, 2011
Categories: News, Economic, Politics

Link: http://lewrockwell.com/rockwell/many-collapses-of-keynesianism189.html

It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleeding firms with other people’s money, and the creation of trillions in artificial money, has not done a thing to lift the US economy.

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