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2026-08-27 17:30:01 UTC

LibertyPicks on Nostr: mises.org: The Destabilizing Stabilizers: Why Increasing Government Spending Prolongs ...

mises.org: The Destabilizing Stabilizers: Why Increasing Government Spending Prolongs a Recession -- https://tinyurl.com/27r2uw54 -- Keynesian theory says that the way to end a recession in which the economy is in a “liquidity trap” is for government to ramp up spending. Murray Rothbard demonstrated that this policy actually blocks an economic recovery. #liberty #news