Keynesian Economics Is Wrong: Economic Growth Causes Consumer Spending, Not the Other Way Around
Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth. This Center for Freedom and Prosperity video helps explain how to achieve more prosperity by looking at the differences between gross domestic product and gross domestic income. http://www.freedomandprosperity.org
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Added: Nov-29-2010
By: mdscorpio71
In: Other
Tags: Center for freedom and Prosperity, Keynesian Economics, Consumer Spending,
Marked as: approved
Views: 5897 | Comments: 11 | Votes: 1 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 1
By: mdscorpio71
In: Other
Tags: Center for freedom and Prosperity, Keynesian Economics, Consumer Spending,
Marked as: approved
Views: 5897 | Comments: 11 | Votes: 1 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 1
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