Keynesian Economics Explained

On August 15th, 2013, posted in: Economic News, Newsletter by

This incredible exposition on the problems of Keynesian Economics is a helpful explanation of some of our national issues.

These are two short videos explaining what Keynesian Economics is, and why it doesn’t work.

Part II is particularly interesting as it explains the fallacy of the consumer as the center of the universe.

Enjoy!

Keynesian Fallacy – Part I

Keynesian Fallacy – Part II

 

 

 

Brian Wesbury

 

 

 

You can also find more videos from Brian Wesbury and the First Trust Portfolios team through their website or their YouTube channel.

 

 

 

 

 

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