Thursday , November 21 2024
Home / SNB & CHF / Government Budget Deficits Cannot Stimulate True Economic Growth

Government Budget Deficits Cannot Stimulate True Economic Growth

Summary:
A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy. Original Article: "Government Budget Deficits Cannot Stimulate True Economic Growth" [embedded content] Tags: Featured,newsletter

Topics:
Frank Shostak considers the following as important: , ,

This could be interesting, too:

Artis Shepherd writes Caplan’s Errors on the UAE and Open Borders

Joaquin Monfort writes USD/CHF Price Forecast: Reaches overbought levels

Ryan McMaken writes We’re Already on Track for a Trillion Deficit this Year

Jane L. Johnson writes It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election

A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.

Original Article: "Government Budget Deficits Cannot Stimulate True Economic Growth"


Tags: ,
Frank Shostak
Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor's degree from Hebrew University, master's degree from Witwatersrand University and PhD from Rands Afrikaanse University, and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.

Leave a Reply

Your email address will not be published. Required fields are marked *