In less than four minutes, Dan Mitchell of the Cato Institute reviews the theory and history of Keynesian policies, and demonstrates that more government spending does not spur economic growth. The video is very timely since government spending has increased dramatically under Bush and now Obama wants to add another $800-billion plus of debt to finance even more spending.

To see the more comprehensive, seven and one-half minute CF&P video debunking Keynesianism, see

SHARE
Previous articleWhich NGO would you close down?
Next articleTide is Turning: Understanding of the Global Crisis
Parth Shah
Parth J. Shah is Founder President of Centre for Civil Society, a think tank that promotes choice and accountability across public and private sectors. Parth’s research and advocacy work focuses on the themes of economic freedom, choice and competition in education, property rights approach to the environment and new public management. He is a member of the education task-force of the governments of Delhi and Karnataka, and serves on the Senate of the Central University of Himachal Pradesh and Tamil Nadu. He recently edited Liberalism in India.