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Monday, March 29, 2021

The Rat Cap Podcast: Episode 11

The Rat Cap Podcast: Cargo Cult Economists and Why Stimulus Spending Cannot Stimulate (libsyn.com)

The government is spending trillions in "stimulus," but what does stimulus mean?  In simple terms, what is economic prosperity, and why is it logically impossible for the government to achieve it through so-called stimulus spending?   

Further reading: 

Production Versus Consumption (capitalism.net)

The Rational Capitalist: Cargo Cult Economics (theratcap.com)

The Rational Capitalist: Obama: Please Try This at Home (theratcap.com)

The Rational Capitalist: Production and The Primacy of Existence (theratcap.com)

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