How Post-WWII Boom Proved the Keynesians Very Wrong

The Keynesian Multiplier Is a Dangerous Myth

Keynesians claim that through the "multiplier," a country can spend itself into prosperity. All that is needed is for government to tax, borrow, print money and

How Post-WWII Boom Proved the Keynesians Very Wrong

Lawrence Reed, AIER Expect fans of federal spending to lament every dollar that isn't laundered through government. But leaving them in the economy works even better.

How the Post-WWII Boom Proved Keynesians Wrong

In 2021, the Biden administration secured $42.5 billion from Congress to extend broadband Internet access to small and ever-shrinking portions of the country that didn’t yet have it. Four years later, that federal program still hasn’t connected one single person to the Internet.   Elon Musk’s DOGE efforts have so far uncovered tens of billions more in “waste, fraud, and abuse.” For example, the $40 billion USAID budget, DOGE found, is bloated wi…