Video: Keynesian Economics Is Wrong: Economic Growth Causes Consumer Spending, Not the Other Way Around

First Published: 2010-12-04

Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth.

This Center for Freedom and Prosperity video helps explain how to achieve more prosperity by looking at the differences between gross domestic product and gross domestic income.

 

 

 

 

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