Why Economic Stimulus Can't Work

Why Economic Stimulus Can’t Work

Tags: Booms and Busts, Inflation, Keynes

01/18/2023 Stephen Apolito

Keynesian economists fantasize that a market economy cannot “gain traction” without “stimulus” schemes from the government. In the end, the only thing stimulated are inflation and recession.

Original Article: “Why Economic Stimulus Can’t Work”

This Audio Mises Wire is generously sponsored by Christopher Condon.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.