The New Green Economy Is Little More than a Keynesian Spending Scheme
Advocates of the New Green Deal emphasize new "green jobs" and other benefits, but the NGD is basically a Keynesian scheme in which government allegedly spends us into prosperity.
Keynes
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Nine Ways Debt and Deficit Spending Severely Harm African Societies
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
Nine Ways Debt and Deficit Spending Severely Harm African Societies
Keynesian economics is a scourge to any nation that tries it, and African countries are no exception.
Does an Increase in Demand Cause Economic Growth? How Keynesians Reverse the Roles of Demand and Supply
Standard Keynesian theory posits that if the economy slows, government can revitalize it by increasing spending, which supposedly creates new demand. But government can't create something from nothing.
It’s Not Just the USA: The Economic Instability Is Global
The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll. This is not going away any time soon.
It Just Might Be Time to Listen to the Austrians
The latest Keynesian money-printing and spending schemes are blowing up. It is time to hear what the Austrians have to say.
Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending
The Keynesian "stimulus" policies were suppose to reinvigorate the economy. Instead, they have brought stagflation.
Can Government Successfully Counter Recessions Through Expansionary Policies? Don’t Count on It
Keynesian orthodoxy claims government can successfully counter recession through "expansionary" policies. To the contrary, these policies increase the danger to the economy.
Keynesian Supply Shocks and Hayekian Secondary Deflations
Long-standing policy advice based on Austrian business cycle theory would be useful in responding to Keynesian supply shocks—aggregate supply shocks that lead to even larger aggregate demand shocks.
Review: Classical Economic Theory and the Modern Economy
Steven Kates's new book debunks Keynesian demand-side economics, while striving to resurrect Say’s Law and revive the classical understanding of the economy.
