Keynesian Predictions vs. American History | Thomas E. Woods, Jr. 
Keynesian Predictions vs. American History | Thomas E. Woods, Jr. by Mises
Video Lecture 2 of 5
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Date Added: November 16, 2010

Lecture Description

Presented by Thomas E. Woods, Jr. at "The Failure of the Keynesian State," the Mises Circle in Houston, sponsored by Jeremy S. Davis. Recorded Saturday, 23 January 2010. Includes introductory remarks by Mises Institute president Douglas E. French.

Course Index

Course Description

The New Deal began before John Maynard Keynes propagated his theories. But the state was pleased to have a scientific gloss for its looting, inflating, and controlling ways. The question then and the question now is: does this approach actually stimulate the economy. The Great Depression lasted long past the New Deal. In Japan, the Keynesian way has turned a marvelously productive economy into a stagnant and seemingly permanent mess. What will the same path mean for the U.S.?



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