Home Management Matters The death of Keynesian economics: How government stimulus could hurt Australia

The death of Keynesian economics: How government stimulus could hurt Australia

8

Talking Business is a podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. It features interviews with prominent business leaders and expert analysis from RMIT academics.

Could stimulus packages be bad for the economy?

In this week’s interview, RMIT economist Steve Kates talks about the death of Keynesian economics. He shares the growing view that stimulus packages around the world have increased debt, have not reduced unemployment and have made the crisis worse. He warns that Australia will feel the impact over the next year when China starts unwinding its stimulus package.

Press play to listen.

[podcast]http://itunesu.its.rmit.edu.au/sites/default/files/itunesmedia/tlkbus23b.mp3[/podcast]

Talking Business Podcasts on iTunes

Garry Barker and Leon Gettler both have established careers with ‘The Age’ newspaper, where Garry Barker is its Technology Editor, and Leon Gettler is a Senior Business Journalist. Gettler also works freelance on a number of other publications.

Get unlimited access to our FREE business tools…

Need to raise capital? Want to become a more persuasive presenter? Want to master social media? Is it time to overhaul your website? Unlock the library to get free access to free cheat sheets and business tools. Click here for free business tools.