News Blog for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this "Blog" - no paid ads - no payments for articles.Fair Use Doctrine is posted & used. Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year] Contact: editor@arranewsservice.com (Pub. Since July, 2006)Home PageFollow @arra
One of the penalties for refusing to participate in politics
is that you end up being governed by your inferiors. -- Plato
(429-347 BC)
Thursday, January 01, 2009
Keynesian Economics Is Wrong: Bigger Gov't Is Not Stimulus
Cato Institute: Based on a theory known as Keynesianism, politicians are resuscitating the notion that more government spending can stimulate an economy. This mini-documentary produced by the Center for Freedom and Prosperity Foundation examines both theory and evidence and finds that allowing politicians to spend more money is not a recipe for better economic performance. Video features Daniel J. Mitchell, Senior Fellow, Cato Institute; and Stephen J. Entin, President and Executive Director, Institute for Research on the Economics of Taxation:
Tags:Cato Institute, Center for Freedom and Prosperity, Dan Mitchell, economic stimulus, government, Keynes, keynesian, spending, stimulusTo share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
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