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To: dila813
My interpretation of this is that breaking a window is a net decrease to the system as a whole and is a net cost to the system.

The net cost of Keynesianism to the system is the taking/destroying capital from the more efficient private sector to distribute it through the much less efficient gov't sector. They try to mitigate (lie about) this net loss to the system by talking about the "multiplier factor". This "multiplier" is just a rehash of the justification for the broken windows fallacy.

29 posted on 08/30/2011 7:52:06 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MrB

When Reagan was in, the number they gave was .28 of a dollar actually makes it through the government for redistribution .. government spending. The rest is destroyed.


35 posted on 08/30/2011 8:23:36 AM PDT by dila813
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