John Maynard Keynes was a part of the Fabian Society, a subversive communist order meant to topple the west.
*sips tea*
John Maynard Keynes was a part of the Fabian Society, a subversive communist order meant to topple the west.
*sips tea*
This is what happens when a government gets involved with housing.
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>Any economic model applied to reality and used for predictions should be banned from public spending and people teaching and applying it put into reservations, be sterilized, blinded and have their tongues cut out
fixed it for you
Bumping with some based ebin economic may-mays.
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Shit quality but hopefully you can still read it.
Fuck, forgot pic related.
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USA actually moved away from Keynesian policy in the 70s and started following (((Milton Friedman))) monetarism. Idiot
Modern capitalism is neoliberal, which is closer to austrian than keynesian.
>Modern capitalism is neoliberal, which is closer to austrian than keynesian.
Please educate yourself on how the government implements currency into the economy and do research on fractional reserve banking.
Has anyone here tried to get into modern monetary theory which is post-keynsian economics?
I watched a few videos and while it does sounds convincing after a while, I think it's just clown world economics.
youtube.com
I don't know whether it's this video or another, but at some point he literally says that having people dig out ditches and fill them in is going to stimulate the economy.
Shouldn't the neoliberal warming alarmist Keynesians all be welcoming climate change?
Why don't you elaborate instead of putting the burden of proof on me?
The problem with Keynesian Economics is that it doesn't focus on what is actually physically there or what is physically produced, but rather it adheres to its own hypothetical rules that rely on numbers and theories. This is why Keynesian economics create both huge rises and falls throughout economic history; because people are tricked into believing that production and economic growth is flowing like a steady river fueled by spending rather than actually creating and implementing a product/service.
That doesn't adress my original point at all.
Keynesian economics, well, Keynesian and neoclassical or some type of post-Keynesian synthesis, is what people who actually know about economics think about. Austrian economics is a fucking meme.
You don't know what you're talking about, virtually all major economies are dominated by Keynesian-Neoclassical thought and models.
Whoops, sorry, responded to the wrong person.
(((Capitalism))) is just as Jewish as communism
>Austrian Capitalism
Nigger, austrian school isn't taken seriously in any university, including the conservative ones
What is a better alternative? Genuinely curious?
But why does he sip tea? There are too many holes in your theory!
>Nigger, austrian school isn't taken seriously in any university,
Unis are poz'd and you know it
fascist corporatism
JM Keynes was also a Nihilist childless homo who had no interest in preserving anything because in the long run were all dead.
So basically a type of state capitalism?
Keynes got married (he was bisexual, not homo) and his wife got pregnant, but lost the baby.
Congratulations for being an insensitive leaf
Also, for those interested, a collection of links
Debunking Austrian Economics 101
socialdemocracy21stcentury.blogspot.com.es
Nope, people are still free to conduct most business it's just the corporations and small businesses must work for the good of the nation. Not for international profit markets
get a load of this lone shareblue jew defending an unsustainable consumerist culture. could paid opposition be anymore obvious? gtfo kike
Hitlers Germany had keynesian economics
>Give a man a fish
>Teach a man to fish
Pick one
>meme flag
>knowing anything about economics
So basically a type of state capitalism?