Joined by Liberty Hangout contributors Eric July and Stefan D, we discussed the basics of Austrian economics and tore into a number of Keynesian fallacies. These fallacies included the human nature fallacy, the broken window fallacy, the minimum wage fallacy, the GDP fallacy, and the central banking fallacy. Justin, Eric, and Stefan destroyed Keynesianism and showed why their ideas lead us down the path to bread lines, and why the free market leads us to prosperity. Welcome to Economics For Dummies.
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