• 10 years ago
The Free Enterprise Cartoon Bears discuss the economist, John Maynard Keynes, and some of the things he said. They discover that:
1) He was their enemy, a central planner.
2) The large and growing national debt proves that his famous income multiplier (fiscal multiplier), the basis of fiscal policy (deficit spending) obviously doesn't work.
3) They plan to investigate the multiplier, to find out why it doesn't work.

Part of Fiscal Multiplier Debunked and Destroyed series.

Made with Xtranormal State.
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1) Economist JOHN MAYNARD KEYNES
By Robert B. Reich 3-29-99
http://www.time.com/time/magazine/art...

2) Introduction by Paul Krugman to The General Theory of Employment, Interest, and Money, by John Maynard Keynes
http://www.pkarchive.org/economy/Gene...

3) John Maynard Keynes
http://en.wikiquote.org/wiki/John_May...

4) Keynesian Economics
by Alan S. Blinder
http://www.econlib.org/library/Enc/Ke...

5) Principal Thought on the American Reinvestment and Recovery Act of 2009
http://www.nicoudinsurance.com/eblrei...

6) The General Theory of Employment, Interest and Money
http://en.wikipedia.org/wiki/The_Gene...

7) Fiscal Policy Multiplier
http://www.liquida.com/fiscal-policy-...

8) Will the Stimulus Work? Reasons to Doubt the Romer-Bernstein Spending Multiplier Estimates
By Volker Wieland 3-31-09
http://wallstreetpit.com/3573-the-fis...

9) Fiscal Policy
http://www.harpercollege.edu/mhealy/e...

10) Prof. Krugman is Wrong Again
http://www.cato-at-liberty.org/prof-k...

11) Quotation added by staff
http://quotationsbook.com/quote/20875...

12) John Maynard Keynes Quotes
http://quotes.liberty-tree.ca/quotes_...

13) Introduction by Paul Krugman to The General Theory of Employment, Interest, and Money, by John Maynard Keynes
http://www.pkarchive.org/economy/Gene...

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