Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (588159)	9/30/2010 5:38:51 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1574827

Al, > Keynes developed his economic principles during the depression. That's a fact not subject to your editorializing. That wasn't what I was disputing. You also said, "keynes ideas were developed during difficult economic times and are only intended for periods of severe recessions and depressions..." I get the first part, but you haven't shown that Keynes only intended his ideas to be applied during periods of severe recessions. Tenchusatsu

To: Alighieri who wrote (588159)	10/1/2010 10:18:55 AM
From: i-node	Read Replies (2) \| Respond to of 1574827

Keynes developed his economic principles during the depression. That's a fact not subject to your editorializing. European progressive excesses made them unpopular for a time, but the world's major economies almost unanimously returned to keynesian policies during this last recession...so to say that his economic principles are in decline is simplistic...they were in decline until the crisis in 2008. Keynes also did not and would not today support the idea of uncontrolled structural deficits which the Democrats have imposed on this country. Keynes did not support Obama-esque deficit spending like the stimulus bill, with no visible means of repaying the debt. Obviously, you have no idea what Keynes did or did not believe.