Keynesian economists like to claim that government budget surpluses amount to “national savings.” However, real savings are used to spur capital development, which government surpluses have nothing to do with the structure of production.
You May Also Like
Tech News
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...
Tech News
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...
Politics
Timothy Terrell makes the case for property rights and market-based stewardship as the true path to sustainability.
Tech News
Image: Ford Ford announced today that it would be working with bike company N plus to introduce two new e-bikes inspired by the automaker’s...