Message from @Thomas the Sowell Train [USA]

Discord ID: 481609018792607744


2018-08-21 22:31:16 UTC  

Pretty much, conservative and libertarian.

2018-08-21 22:31:53 UTC  

Which in my opinion are the two political ideologies worth debating between.

2018-08-21 22:31:59 UTC  

and it said if you want to make a person conservative over night, make him rich

2018-08-21 22:33:39 UTC  

yea I lean as a right leaning liberteran. I want freedom to do what ever I want reasonable inside the law and that my government dont spend my tax money like a drunk sailor on shore leave

2018-08-21 22:37:10 UTC  

You've got Mises and Cato, both Libertarian think tanks full of economists

You see any socialist think tanks full of economists?

2018-08-21 22:37:49 UTC  

kenyesians aren't economists
change my mind

2018-08-21 22:38:26 UTC  

most of the socialist think tanks I have seen is full of hippes and delusinal dreamers that have not been outside since 1976

2018-08-21 22:40:19 UTC  

Conservatives and libertarians just disagree on things like military interventionism, military spending, military deterrents, trade, and social liberalism. Probably either system would sustain a society just fine but the debate is about which would be best to promote freedom.

2018-08-21 22:41:18 UTC  

Oh, I guess I should include immigration if we're including all the libertarians.

2018-08-21 22:48:12 UTC  

This is an excerpt from a really good talk on the disparities of opinion between Economists and the general public https://www.youtube.com/watch?v=du2TTDEb5AY

2018-08-21 23:14:57 UTC  

@Fitzydog there are think tanks with economists in them

2018-08-21 23:15:27 UTC  

As @Deleted User says, Keynesians aren't real economists lol

2018-08-21 23:15:42 UTC  

Well

2018-08-21 23:15:46 UTC  

why is that?

2018-08-21 23:16:08 UTC  

What's wrong with Keynesianism?

2018-08-21 23:24:19 UTC  

They think you can plan an economy. It's essentially socialism wrapped in mathematics, to try and get what they want

2018-08-21 23:28:19 UTC  

Keynesian theory is valid and proven

2018-08-21 23:28:52 UTC  

though not *planning* the economy, it is more of "jumpstarting" it

2018-08-21 23:30:12 UTC  

Keynesians believe that the economy is demand driven, and that using government expenditure you increase said demand

2018-08-21 23:31:15 UTC  

Ehh....

2018-08-21 23:42:17 UTC  

> theory
> proven

bruh

2018-08-21 23:43:11 UTC  

I'm a fan of Austrian economics, tbh

2018-08-21 23:43:19 UTC  

Makes the most sense

2018-08-21 23:48:32 UTC  

I think a mix of keynes and Hayek would make the most sense

2018-08-21 23:49:00 UTC  

Internal free trade with government spending where it is nessesary

2018-08-21 23:49:21 UTC  

And some protectionist measures internationally

2018-08-21 23:53:17 UTC  

@Thomas the Sowell Train [USA] FDR's New Deal, though before Keynes published his *General Theory of Labour, Interest and Money* showed how important government intervention could be, in a time dominated by classical and austrian economics

2018-08-21 23:53:38 UTC  

the latter theories, being the reason the economy went bust

2018-08-21 23:53:42 UTC  

*The New Deal??*

2018-08-21 23:54:32 UTC  

Not to mention Germany's 2008 massive fiscal expansionist measures

2018-08-21 23:54:40 UTC  

Whenever Kenyesian economic policies fail, Kenyesian Economists just proclaim that's just the market

2018-08-21 23:55:02 UTC  

Keynesians policies fail because of ill planning and lack of foresight

2018-08-21 23:55:06 UTC  

FDR's socialist make-work program he instigated after he wrecked the economy, from his own policies?

2018-08-21 23:55:13 UTC  

Just like a *certain* other group

2018-08-21 23:55:34 UTC  

the new deal was trash

2018-08-21 23:55:44 UTC  

How did he wreck the economy?

2018-08-21 23:55:56 UTC  

By extending a depression

2018-08-21 23:55:59 UTC  

What are they teaching in schools these days

2018-08-21 23:56:41 UTC  

If he had been hands off, things wouldn't have been nearly as bad

2018-08-21 23:57:41 UTC  

on the contrary