Understanding the Keynesian Multiplier
Explore the concept of the Keynesian multiplier and its limitations in stimulating the economy over the short run. Greg highlights the importance of considering the size of these multipliers and how they may not be as significant as initially thought. Discover the potential consequences of government spending and the impact it has on the private sector.In this clip
From this podcast

EconTalk
Greg Mankiw on Gasoline Taxes, Keynes and Macroeconomics
Related Questions
How does government spending work in the context of the episode Robert Hall on Recession, Stagnation, and Monetary Policy and the clip Government Spending Multiplier?
How does government spending work in the context of the episode Robert Hall on Recession, Stagnation, and Monetary Policy and the clip Government Spending Multiplier?
How does government spending work?