Source: Cobden Centre
by Dr. Frank Shostak
“For most economists and financial commentators, the heart of economic growth is the demand for goods and services. It is also held that the economy’s total output as depicted by gross domestic product (GDP) increases by a multiple of the increase in the demand. … Is the multiplier model complying with reality? Is more savings bad for the economic growth, as the multiplier model indicates?” (03/25/25)
https://www.cobdencentre.org/2025/03/the-keynesian-multiplier-myth-or-reality/