Great Lecture Critizing Keynesian Economics (Kerry, school, money, propaganda)

Called: 'Why Your Grandfather's Economics Was Better Than Yours' by Steven Kates

Mises Audio/Video

[txgolfer130]

That's nice, but Keynesian Economics is not what got us into this mess nor has it been U.S. policy over the past 35+ years.

Originally Posted by txgolfer130

That's nice, but Keynesian Economics is not what got us into this mess nor has it been U.S. policy over the past 35+ years.

What mess are you talking about - did I make mention of one?

[Loveshiscountry]

Originally Posted by Shiloh1

Called: 'Why Your Grandfather's Economics Was Better Than Yours' by Steven Kates

Mises Audio/Video

Good post. Austrian Economics is the answer to a lot of our problems. These were the people who warned us of the housing bubble right off the bat.

[saganista]

LOL. The Mises Institute is a propaganda mill funded by hard right-wing corporate interests. They have virtually nothing to do with economics at all, as they essentially eschew the data collection and analysis and other hypothesis-testing methodologies that comprise mainstream economics. Austrian School = Bunch of Paid Partisan Shills.

[kerrymac]

Originally Posted by saganista

LOL. The Mises Institute is a propaganda mill funded by hard right-wing corporate interests. They have virtually nothing to do with economics at all, as they essentially eschew the data collection and analysis and other hypothesis-testing methodologies that comprise mainstream economics. Austrian School = Bunch of Paid Partisan Shills.

Funny...When people speak out against liberal B.S. economics....its propaganda? LOL...

[saganista]

Originally Posted by kerrymac

Funny...When people speak out against liberal B.S. economics....its propaganda? LOL...

It's propaganda when it's propaganda. The Mises Institute has no standing among actual economists at all. It's a sham/whacko organization stitched together by Lew Rockwell and a few friends with money from arch-conservative funders at Koch Industries.

[GregW]

By avoiding this nonsense I will save countless of my brain cells from needless confusion. Austrian Economics are the economics of the rich and privileged and destructive to anyone else.

[rhinestone]

Austrian Economics is stupid. It's an excuse to do nothing. Outside a few political circles, it's virtually unknown as a formal school of economics.

[irspow]

Geez, all of the Rothschilds are out today... I thought that they usually kept busy interbreeding.