Thursday, December 11, 2008

Since The Multiplier Is Being Discussed In Many Lofty Circles, in and around...

...Harvard, The Marginal Revolution blog and, perhaps soon, at the incoming Obama's Council of Economic Advisors, Bob Murphy was alert enough, in a comment to a Tyler Cowen post, to dig up and provide the link to Murray Rothbard's great reductio ad absurdum destruction of the multiplier theory.

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