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What is Keynesian Economics?

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Uploaded on Oct 14, 2008

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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