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/article/0,9171,990614,00.html
2) Introduction by Paul Krugman to The General Theory of Employment, Interest, and Money, by John Maynard Keynes
http://www.pkarchive.org/economy/GeneralTheoryKeynesIntro.html
3) John Maynard Keynes
http://en.wikiquote.org/wiki/John_Maynard_Keynes
4) Keynesian Economics
by Alan S. Blinder
http://www.econlib.org/library/Enc/KeynesianEconomics.html
5) Principal Thought on the American Reinvestment and Recovery Act of 2009
http://www.nicoudinsurance.com/eblreinvestment.html
6) The General Theory of Employment, Interest and Money
http://en.wikipedia.org/wiki/The_General_Theory_of_Employment,_Interest_and_M...
7) Fiscal Policy Multiplier
http://www.liquida.com/fiscal-policy-multiplier/
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-fiscal-stimulus-debate-will-the-stimulus-work
9) Fiscal Policy
http://www.harpercollege.edu/mhealy/eco212/lectures/fiscpol/fp.htm
10) Prof. Krugman is Wrong Again
http://www.cato-at-liberty.org/prof-krugman-is-wrong-again/
11) Quotation added by staff
http://quotationsbook.com/quote/20875/#axzz1JQhW8v3U
12) John Maynard Keynes Quotes
http://quotes.liberty-tree.ca/quotes_by/john+maynard+keynes
13) Introduction by Paul Krugman to The General Theory of Employment, Interest, and Money, by John Maynard Keynes
http://www.pkarchive.org/economy/GeneralTheoryKeynesIntro.html
14) Quotations by Author John Maynard Keynes (1883 - 1946)
http://www.quotationspage.com/quotes/John_Maynard_Keynes/
15) Pelosi: Unemployment Checks Fastest Way to Create Jobs 7-1-10
http://www.foxnews.com/politics/2010/07/01/pelosi-unemployment-checks-best-wa...
16) Paul Krugman - Keynes' General Theory of Employment, Interest
http://www.youtube.com/watch?v=CVHWlnbJsC4&NR=1
xD I love this
Down with Keynes, long live Hayek and Mises!
Spjungen 1 month ago
@Spjungen Thanks :)
MrTugwit 1 month ago
I lkiked the part with the farting
Miketar2424 6 months ago
@Miketar2424 Keynes and Keynesians deserve the farts ;)
MrTugwit 6 months ago
keynesian economics is an oxymoron
shotsky94 7 months ago
@shotsky94 Yup. But being Santa Claus is also very popular ;)
MrTugwit 7 months ago