Previous post Next post

Government Budget Deficits Cannot Stimulate True Economic Growth

A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.

Original Article: "Government Budget Deficits Cannot Stimulate True Economic Growth"

Full story here Are you the author?
Frank Shostak
Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor's degree from Hebrew University, master's degree from Witwatersrand University and PhD from Rands Afrikaanse University, and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.
Previous post See more for 6b.) Mises.org Next post
Tags: ,

Permanent link to this article: https://snbchf.com/2023/05/shostak-government-budget-deficits-stimulate-economic-growth-2/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.