# Multimedia 

Multimedia 

---

- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

Download:

[ 

Video 

](https://fastly-unsigned-us-east-1-prod.brightcovecdn.com/media/v1/pmp4/static/clear/6039378657001/33b041b3-f3c3-4edc-b889-a299c8f7bf2a/2019f822-895c-425f-8609-5cf437c07897/main.mp4) 

[ 

Audio 

](https://cdn.cato.org/CatoAudio/2009/ca-03-09-05.mp3) 

Cato Audio • March 1, 2009 

# Arnold Kling on muddled multipliers 

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Media Name: akling.jpg](/sites/cato.org/files/styles/author_picture/public/authors/crops/akling.jpg?itok=tpJzwAUD)](/people/arnold-kling) 

##### [Arnold Kling](/people/arnold-kling)

Senior Affiliated Scholar, Mercatus Center at George Mason University