A short post on Forbes' website, this resource suggestion points out one of the fundamental flaws in Keynesianism. I'm not sure there's much more that needs to be said.
I guess for those not familiar with economics, Keynesianism is the mainstream, government-funded, form of economics that most people hear when listening to financial news or reports from the FED. This is opposed to the Chicago school which is semi-scientific or the Austrian school which is grounded in the scientific discipline of praxeology.
You'll have to forgive the landing page/popup ad at the start, I can't seem to find a way around it.
I guess for those not familiar with economics, Keynesianism is the mainstream, government-funded, form of economics that most people hear when listening to financial news or reports from the FED. This is opposed to the Chicago school which is semi-scientific or the Austrian school which is grounded in the scientific discipline of praxeology.
You'll have to forgive the landing page/popup ad at the start, I can't seem to find a way around it.
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