[pacopasa]

I am having a discussion with someone about stimulus and the so called multiplier effect. Any recommended reading on this topic from an Austrian school perspective?

[jmherbener]

Take a look at Murray Rothbard’s discussion of Keynesian economics in his book, Man, Economy, and State, pp. 859-868.

https://mises.org/library/man-economy-and-state-power-and-market

Here’s a note on the empirical magnitude of the multiplier:

https://mises.org/blog/more-bad-news-keynesian-multiplier

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