Jeff Deist: Austrian Economics vs. Keynesian Orthodoxy

from misesmedia

Earlier this week, Jeff joined Dennis Tubbergen of to talk Austrian economics and the bizarre world of negative interest rates.

Jeff explains how the unprecedented actions of central bankers have helped sparked renewed interest in Austrian economics around the world, as Keynesian orthodoxy spirals into endless rounds of demand-side monetary stimulus. Can the Fed, the ECB, the BOJ, and other central banks keep this up indefinitely? Can central bankers rebut Mises, Rothbard, and Hayek, who understood that a sound economy must be grounded in savings and investment? And, should negative interest rates be viewed as a form of insurance?