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How Keynes and Keynesianism were the culprits of the economic woes of the second half of the twentieth century. 28–29 April 1989, Harvard Square, MA.
Keynes believed that all economic problems could be overcome with global inflation. This would bring about a new utopian age in which only social and scientific problems would remain.
In this 56-minute talk, Jeffrey Herbener dissects and dismantles two central myths behind Keynesian doctrine: the Phillips Curve, a the Keynesian Multiplier.
