EPISODE 2558

Ep. 357 The Myth of the Keynesian Multiplier

Subscribe on your favorite platform:

Don’t pay another cent for a book until you’ve read Tom’s free eBooks on the most controversial issues of our time. Over a dozen await!

Want to write that book, but the obstacles seem insurmountable? I can help.

The history and economics
they kept from you.

A Simple
Online Business

In this 30-minute crash course I’ll walk you through the simplest online business model there is. But don’t knock it: that deceptively simple model can take you very far.

Join Tom Woods and his very special guests in his first public return to the sea in six years…for the Tom Woods Cruise!

Check out Tom’s 13 published books for suppressed history, economics, and more.

About the Guest

William J. Boyes is professor emeritus of economics at Arizona State University.

Article Discussed

“The Keynesian Multiplier Concept Ignores Crucial Opportunity Costs,” by William J. Boyes

Guest’s Website

Center for the Study of Economic Liberty

Rothbard on the Multiplier

Bob Murphy summarizes the argument at the end of this article.

Related Episodes

Ep. 118: Boom and Bust: The Cause (David Howden)
Ep. 24: Keynes and His Errors (G.P. Manish)

Resource Mentioned

LearnAustrianEconomics.com

Special Offers

Learn the history and economics they didn’t teach you, from professors you can trust and in courses you can listen to on the go at my Liberty Classroom. Plus live Q&A sessions, recommended readings, and more. Join us, using coupon code SHOW (all caps) for a special discount.

Here are 26 reasons to adopt Ron Paul’s homeschool curriculum today (and 4 not to). I am producing courses for this curriculum. Sign up through this linkand I’ll send you a FREE 10-lesson bonus course on the foundations of liberty, in time for the 2015-2016 academic year! Just drop me a line once you’ve signed up and I’ll get it to you.