Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: i-node who wrote (616238)	6/15/2011 11:55:14 AM
From: Tenchusatsu	1 Recommendation Read Replies (1) of 1580442

Inode, it wasn't just Friedman. Other economists have pointed out the good and bad of Keynesian theory. Some have even debated John Maynard Keynes directly. Wish I could find the YouTube video of one of those economists. There are plenty of videos of Milton Friedman, though. Lots of people, particularly libertarians, recognize Keynesian economics as a failed theory, but one that is still widely subscribed to by liberals. Intellectuals on the left come up with numbers and economic models that all look good in theory, but break down in practice because the fundamentals of a strong, functioning economy are completely ignored. Anyway, you don't have to be an economist to recognize that paying people to dig holes that other people fill up is stupid. Yet a Keynesian has to believe that this is good. Just look at Bentway. Or any other libtard who believes that "wasteful spending is stimulus" and "unemployment checks create jobs." Tenchusatsu

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next