The Keynesian Multiplier Fairy Tale

One of the myths of Keynesian theory is that through monetary injections and government purchases, an economy can spend itself into prosperity. While such a scenario is economically impossible, most mainstream economists still believe it.

Original article: The Keynesian Multiplier Fairy Tale

 


What is the Mises Institute?

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.

 


Originally Posted at https://mises.org/


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Authored by Steve Watson via Modernity.news,

In an hilarious parody ad that is going viral, a fictional company called ‘Don’t Cry Cryo’ is offering to cryogenically freeze panicking leftists who can’t cope with president Trump’s election victory and wake them up after it’s all over.

The AI created ad, produced by Newzy, asks “are you distraught by the recent presidential election?” and offers to help, announcing “our expert team of cryogenic care providers can cryogenically freeze you until the Trump presidency is over.”

“No more crying, no more anxiety attacks, just blissful sleep until Trump is gone,” the ad further promises,” adding “it will be like his presidency never even happened.”

They even offer a JD Vance add on package!

There are more twists and turns in the ad, but we won’t give it all away.

Enjoy!

Lets send this supernova.

And give Newzy a follow, they deserve it for this!

*  *  *

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