What is Keynesian Economics?

Randall Hinton of http://www.pyrolitical.com discusses how Keynesian economic theories are used by the US governement to determine when and where to spend money, or stimulate the economy. Although many (if not all) of Keyne's theories have been proven to be fallacious, the government seems bent on their continued justification for its fiscal irresponsibility. In our video we give a brief overview of these theories and their effects on the market. Contrasted with the Austrian view of economics. Join him in his bid for the U.S. House of Representatives http://www.randallhinton.com

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[gangstamind187]

@cappercastro That's why i'm voting for Ron Paul.

[meProudToBeCaucasian]

John Maynard Keynes wasnt for printing money he wanted that goverment used its real money from taxes

[benlorenc]

wouldn't inflation occur if the government was just giving people enough money to buy a speedboat?

[rascalz819]

This guys is full of shit, i bet he's some clueless car salesman who thought he knew a lot about little. He should talk to Paul Krugman who would meticulously explain to him how Keynesian theories have saved western society more then once.

[Cockerilla]

what a prick

[honjo294]

@2020starman how is keynesian economics against Glass Steagall? In fact many economists of the keynesian persuasion like Joseph Stiglitz and Pual Vocker are aganist the Gramm–Leach–Bliley Act. Please stick to arguing the topic and stop trying to discredit the person posing the proposition.

[2020starman]

Look bub.We have 800 trillion out in derivatives the banks are all zombie banks The GDP is shrinking Nafta and GATT prevent us from a grow economy.The repeal of Glass Steagall allows banksters to rip us off

WHAT THE FUCK ARE YOU TALKING ABOUT FOOL ?YOU ALL ARE COMPLETE IDIOTS

[2020starman]

@honjo294 Look bub.We have 800 trillion out in derivatives the banks are all zombie banks The GDP is shrinking Nafta and GATT prevent us from a grow economy.The repeal of Glass Steagall allows banksters to rip us off

WHAT THE FUCK ARE YOU TALKING ABOUT FOOL ?