SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (751354)11/5/2013 9:08:42 PM
From: Tenchusatsu  Read Replies (2) of 1575900
 
Koan,
God god, you present me with an 1850 idea about a science in its infancy as the final word and greast fevelation. You don't think our understanding of economics has not grown since then. That parable is a very primitive and simplistic idea.
LOL, that's your response? The story is old and outdated?

I present it as a simple illustration of how so-called "Keynesians" are off-the-mark with regard to economic stimulus.

But just for you, I think a more modern illustration would also be entertaining. From the sci-fi movie The Fifth Element, a lesson on "Keynesian Economics" from Gary Oldman:



"You see, father, by creating a little destruction, I'm in fact encouraging life!"

Tenchusatsu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News