Categorized | Economy, Stimulus to Nowhere

The Economic Way of Thinking about Stimulus Packages

The Economic Way of Thinking about Stimulus Packages

“[A] government can spend or invest only what it takes away from its citizens… its additional spending and investment curtails the citizens’ spending and investment to the full extent of its quantity.”

-Ludwig von Mises, Human Action, 4th ed., (Irvington-on-Hudson New York: Foundation for Economic Education, 1996 [1949], p. 744.



This Post has No Responses, Be the First to Comment


Comments are closed.

  • Popular
  • Most Comments
  • Most Emails

About

OpenMarket.org is the blog of the Competitive Enterprise Institute. We believe that people improve their lives not through government regulation, but by making their own choices in a free marketplace. More››

Support Liberty


Give $5 each month to support our efforts to restore America's liberty.

Social Web