Do you respect John Maynard Keynes, as a thinker, as an economist, as a man? I do.

And it’s not the first time. How unorigional. yawn

@Esuric Sounds like you are quite steeped in a lot of this: a lot going on in your post—much of which I haven’t heard before. Not that I should have, necessarily…I’m by far no expert in either side of this. For example, I’ve not heard before that Keynes, Mises, and Hayek begin with Wicksell’s “mon…

Animal spirits is the most ridiculous concept. Keynes had to come up with it to make his theory consistent with observed phenomena. Keynes and his follower would represent recessions caused by monetary phenomena by a left shift in LM curve. Since interest rates are on the vertical axis, a shift in L…

@ conza88 Yea, just look in the “Government is Efficient” thread. Same deal. You’re shocked, I know.

Please don’t give him any more ideas.

Hahaha. That would be me. I have been meaning to change it to a different criminal or something. Just a thing I’m interested in. Thumbs up.

When the market rate of interest rises above the natural rate, or the rate at which real capital would be exchanged in a theoretical barter economy (reflecting time preference). The effects are a contracted structure of production, where warranted economic activities are constricted, squeezing prof…

Conza88, you sure do like to whine. My thread titles are entirely unambiguous; if you’re uninterested, don’t read them, Clearly, you cared enough to repeatedly reply to this thread.

I don’t believe “animals spirits” is a useless concept; in the presence of Knightian uncertainty, individuals are still compelled to act, relying upon animal inclinations in addition to pure reason. If individuals are investing due to social contagion (e.g., like individuals that gain weight when su…

Do you respect John Maynard Keynes?

Economics Economics Questions

Conza September 10, 2010, 3:06am 28

Well there he at least presented / alluded to some kind of argument.

The same cannot be said for this thread and the one I was referring to earlier. Notice anything similar? lol

Topic		Replies	Views
Is deification of economists a good thing? General	17	2002	November 2, 2009
When a keynesian makes this claim... Economics Questions	16	3029	December 28, 2011
So was Keynes really for the free market before he was against it? History	14	2445	September 16, 2009
A few things General	14	2134	May 11, 2010
Some Questions Economics Questions	22	3174	May 20, 2010

Do you respect John Maynard Keynes?

Related topics

Related on the wiki