Short Video: “Keynes as Santa” Spoof on Christmas Spending
Here is a clever video. It takes apart John Maynard Keynes. It shows why the economic problem is not a lack of spending.
It’s a spoof of those late-night TV ads that used to sell a record collection of famous hit songs, but which today sell CD-ROM collections of famous hit songs.
This collection is perfect for the season: Christmas.
If you think that Keynesians regard the federal government as Santa, this shows you why.
What impresses me is this: the free market videos are a lot more clever than the Keynesian videos.
“What Keynesian videos?”, you ask. Beats me.
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Published on December 7, 2012. The original is here.