Home › Forums › Discuss Austrian Economics, Step by Step › Stimulus and the multiplier
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?
Take a look at Murray Rothbard’s discussion of Keynesian economics in his book, Man, Economy, and State, pp. 859-868.
Here’s a note on the empirical magnitude of the multiplier: