看看Hazlitt是怎么批驳Keynes的“乘数效应理论”（The Multiplier Effect）和怎么解释“挤出效应”（The Crowding-out Effect）的。
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But previous studies primarily focused on the crowding-out effect of Keynesian theory and they attach few to the special conditions of Chinese economic.
而且以往的研究主要集中于凯恩斯主义的挤出效应理论，很少结合我国经济转轨时期的特殊的国情进行研究。
Even if higher private saving blunts the effect, some crowding out is eventually all too likely.
即使更多的个人储蓄会弱化这一效应，某些挤出效应还是会最终产生。
This paper mainly introduces the latest development about crowding-out effect of fiscal deficit which was put forward by New-Classical Macroeconomics and New Keynesianism.
本文主要介绍新古典宏观经济学和新凯恩斯主义对财政赤字挤出效应研究的最新进展。
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