MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Harvey’

15 Trillion Gallons of Keynesian Goodness? – LewRockwell

Posted by M. C. on September 3, 2017

https://www.lewrockwell.com/2017/09/david-stockman/15-trillion-gallons-keynesian-goodness/

Harvey + government = the Perfect Storm.

Learn about the broken window and Corps of Engineering (government) planning.

……(Feroli) has proceeded straight to the “broken window fallacy” nirvana: the growth that destruction somehow always guarantees in a Keynesian world. If that was the case, why not just nuke the US and rebuild it from scratch, assuring triple digit GDP growth for decades to come.

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