There is no more stopping the Mises School. And when the truth finally wins out, because only what is true can also work smoothly in the long run, then the hour of the Austrian School of Economics will have come.
"The main thing is that the government should no longer be in a position to increase the quantity of money in circulation and the amount of checkbook money not fully — that is, 100 percent — covered by deposits paid in by the public."
In this 56-minute talk, Jeffrey Herbener dissects and dismantles two central myths behind Keynesian doctrine: the Phillips Curve, a the Keynesian Multiplier.
