Comments on: The Lowdown on Crude Keynesianism

By: Reception Room Seating: Sofa Black Leather Mahogany Finish

Reception Room Seating: Sofa Black Leather Mahogany Finish — Thu, 23 Jul 2009 05:29:12 +0000

Reception Room Seating: Sofa Black Leather Mahogany Finish…

As the economy goes south we hear calls for a second stimulus most prominently from Paul Krugman the [...]…

By: Bunn 34448.0000 Card Assy Transfer-ad Brw

Bunn 34448.0000 Card Assy Transfer-ad Brw — Wed, 22 Jul 2009 06:39:03 +0000

Bunn 34448.0000 Card Assy Transfer-ad Brw…

As the economy goes south we hear calls for a second stimulus most prominently from Paul Krugman the [...]…

By: bullpcp

bullpcp — Tue, 21 Jul 2009 00:45:37 +0000

I’m trying my damnedest to finish up my economics degree and all I can think about is how utterly ridiculous this socialistic elitist illogical claptrap is. I’m learning about different models of measuring the the quantity and flows of money, and whats wrong with all of them, and how to use them to enact policies, and whats wrong with them, and worst of all I’m forced to memorize and understand Keynesian economics. It’s the mental equivalent of nails on chalkboard. All I can think about while reading about all the inaccurate measurements and ineffective policies is how much easier it would be to let the market work and how much better it would be for those participating. Oh and that I have one more class to go.

By: John Anello

John Anello — Sun, 19 Jul 2009 23:58:51 +0000

Freethinker…you mest be new here. Please read some of the articles in The Freeman. You will notice that Austrian economists do not wish to maintain the status quo or as you say “stay the course”. Actaully FEE has great ideas on how the free market can help bring an end to the current recession and prevent future ones.

By: Freethinker

Freethinker — Sun, 19 Jul 2009 05:34:01 +0000

I think it is easy for those in ivory economic towers to criticize government economic stimulus. They don’t have to worry about losing their job or reduced pay. As the income gap widens what would be the benefit? With a world-wide serfdom at your disposal why would you complain? This is why those that criticize all government intervention never come up with a plan for economic recover other then “stay the course”. The truth of the matter is an economy that rewards those that cheat the system and creates or promotes scarcity for economic gain can never survive. Trust buster Teddy Roosevelt understood this and nature itself will not allow this exploitation to continue.

By: Bunn 18008.6002 Tsr-2 Thermal Server Rack-2 Posn

Bunn 18008.6002 Tsr-2 Thermal Server Rack-2 Posn — Sun, 19 Jul 2009 01:47:04 +0000

Bunn 18008.6002 Tsr-2 Thermal Server Rack-2 Posn…

As the economy goes south we hear calls for a second stimulus most prominently from Paul Krugman the [...]…

By: Brother Laser Printer Hl-2170w

Brother Laser Printer Hl-2170w — Sat, 18 Jul 2009 22:01:45 +0000

Brother Laser Printer Hl-2170w…

As the economy goes south we hear calls for a second stimulus most prominently from Paul Krugman the [...]…

By: Coaster Furniture Covington Leather Sofa

Coaster Furniture Covington Leather Sofa — Sat, 18 Jul 2009 08:51:43 +0000

Coaster Furniture Covington Leather Sofa…

As the economy goes south we hear calls for a second stimulus most prominently from Paul Krugman the [...]…

By: Spending is not stimulus: Keynesian approach won't work - Page 2 - Political Forum

Thu, 16 Jul 2009 20:46:59 +0000

[...] timing of publication seems good for this thread: The Lowdown on Crude Keynesianism Keynesian "economists" push a second stimulus By William Anderson Published: 15 July 2009 [...]

By: Berk

Berk — Thu, 16 Jul 2009 17:14:55 +0000

We ought to ask politicians and bureacrats to get paid on the dollar returns above the cost of capital of their public “investments”. When they realize that they can’t calculate the ROIC for most public investments maybe they will learn the difference between public and private investment.

By: Leituras: « BLASFÉMIAS

Leituras: « BLASFÉMIAS — Thu, 16 Jul 2009 13:38:20 +0000

[...] «The lowdown on crude Keynesianism», por William Andersson; [...]

By: John Anello

John Anello — Thu, 16 Jul 2009 00:22:06 +0000

Don’t worry, Mr. Krugman will not have a soap box to preach his Keynesian foolishness from much longer. The New York Times should be out of business by the end of the year, provided their friends in the Obama Administration do not bail them out. By January Mr. Krugman will be back at Princeton showing his naïve students the shadows on the wall and working hopelessly on some pathetic Keynesian proof that no economist will bother to decipher.

By: Krugman’s Folly: Deficits have "saved the world" | syntech finance blog

Wed, 15 Jul 2009 21:10:15 +0000

[...] goes on to give a Keynesian Cross explanation of this nonsense. I had this today on the FEE webpage to help explain just how crude the Keynesian theory really is. Seeing [...]

By: Krugman’s Folly: Deficits have "saved the world" | Austrian Economics Blog

Wed, 15 Jul 2009 20:59:48 +0000

[...] then goes on to give a Keynesian Cross explanation of this nonsense. I had this today on the FEE webpage to help explain just how crude the Keynesian theory really is. Seeing Krugman’s recent blog, [...]

By: Saved by the Deficits: Krugman turns Comedian « LewRockwell.com Blog

Saved by the Deficits: Krugman turns Comedian « LewRockwell.com Blog — Wed, 15 Jul 2009 20:00:52 +0000

By: MBA

MBA — Wed, 15 Jul 2009 16:07:31 +0000

Clearly, this generation has all the tools available to it to be the generation that could have looked back on Keynesian economics and the Great Depression as an unfortunate episode of near universal economic ignorance. Keynes should have been discredited long ago, and anyone espousing his views seriously should never have been taken seriously today. Instead, we leave that (hopefully) to future generations, who will have at their disposal not one, but two episodes of failed Keynesianism to draw from in forming their judgment of our era.

Discussions about current events seem to revolve around whether or not we will have another Great Depression. The real question should probably be; can we get through this with merely a Great Depression and nothing more?