- The Foundry: Conservative Policy News from The Heritage Foundation - http://blog.heritage.org -

Keynesian Economics Is Wrong

Posted By Rob Bluey On December 15, 2008 @ 3:54 pm In Scribe | Comments Disabled

Dan Mitchell of the Cato Institute does an excellent job explaining why Keynesian fiscal strategies do not work in this new video [1] from the Center for Freedom and Prosperity Foundation. It’s more important than ever to combat the myths of Keynesianism with President-elect Barack Obama proposing a massive government spending plan [2], and even some conservatives promoting a tax version [3] to boost economic growth.

[youtube]http://www.youtube.com/watch?v=VoxDyC7y7PM[/youtube]


Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2008/12/15/keynesian-economics-is-wrong/

URLs in this post:

[1] new video: http://www.youtube.com/watch?v=VoxDyC7y7PM

[2] massive government spending plan: http://www.washingtonpost.com/wp-dyn/content/article/2008/12/06/AR2008120602187.html

[3] promoting a tax version: http://www.heritage.org/Research/Taxes/wm2152.cfm

Copyright © 2011 The Heritage Foundation. All rights reserved.