For those who haven't read any of my economic posts, I'm a Keynesian. I believe that the most past economic problems can be attributed to government failing to follow the model. Where do you stand??
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Keynesian or Monetorist??
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Keynesian or Monetorist??
20Keynesian all the way!!45.00%9Moneterist are where its at!!20.00%4Bananaconomist for me baby!!35.00%7"I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003Tags: None
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I can't eithier Kidicious. How can you have full employment without wage competition heating up and therefore fueling inflation? Doesn't make sense to me."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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If the options had been Bananaconomist or Motorist, it would make so much more sense.“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)
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Still so much better than Keynesian or Monetarist.“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)
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So, How do you think the economy should be handled?Originally posted by HershOstropoler
Still so much better than Keynesian or Monetarist."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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"handled"? By whom? And why?“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)
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Keynsianism didn't bring the problems...the politicians did. Keynes had the answers, they just ignored them.Originally posted by Main_Brain
Hayeck.
Keynsianism brought us many Problems of today.Mainly because Politicans will never cut spending when they should."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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or did these problems artise from the IMF and the ECC and other such groups forcing countries to lower public spending? Defeating the object of keynsianism?Originally posted by Main_Brain
Hayeck.
Keynsianism brought us many Problems of today.Mainly because Politicans will never cut spending when they should.
eimi men anthropos pollon logon, mikras de sophias
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I suppose that you are advocating a truly free floating economy driven solely by market influence?Originally posted by HershOstropoler
"handled"? By whom? And why?"I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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Not entirely, but before you ask how to handle the economy, the question is why handle it at all?“Now we declare… that the law-making power or the first and real effective source of law is the people or the body of citizens or the prevailing part of the people according to its election or its will expressed in general convention by vote, commanding or deciding that something be done or omitted in regard to human civil acts under penalty or temporal punishment….” (Marsilius of Padua, „Defensor Pacis“, AD 1324)
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As a Keynesian, it is my belief that the economy needs a counter balance to free floating market forces. This balance is the ability of the government to intervene with taxation and spending policy. For example, Keynes believed that there was no market mechanism to aleviate a long term depression.Originally posted by HershOstropoler
Not entirely, but before you ask how to handle the economy, the question is why handle it at all?"I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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