Many of you have seen the video I narrated explaining why big‐government “stimulus” schemes do not make sense. That mini‐documentary discussed the theoretical shortcomings of Keynesianism and also reviewed the dismal results of real‐world Keynesian episodes.
While the video has been very successful, both measured by the number of “views” and positive feedback, some have suggested that it would be good to produce shorter videos. The hypothesis is that most people have only a limited interest in economics, so a brief video is more likely to attract viewership. My personal bias is that longer videos are sometimes necessary to allow an appropriate level of analysis and explanation, but I do believe in letting the market decide. As such, I invite you to watch this condensed, four‐minute video debunking Keynesian fiscal policy.
Please feel free to provide feedback. For purposes of comparison, the original video can be seen here.