Do you think Keynes had an agenda to help the banksters/elites?

[Anarchist420]

If so, do you think that his agenda is being carried on by Paul Krugman? Or do you think they're just incredibly ignorant?

In my mind, it's either one of the two.

I can't figure out which though.

 

[fskimospy]

Stop making threads.

 

[Jhhnn]

It's good that you can think outside the box. Too bad you go completely into another universe in the process.

 

[LunarRay]

In Law, specifically Negligence Law, there is a maxim... Res Ipsa Loquitur. 'Let the facts speak for themselves'! Or about that...

So... Who got the wealth and when did they get it?

Any program that puts tax dollars from the middle and lower class into the hands of the upper class with the expectation that it will Trickle Down and back to the initial providers or their like kind has yet to create Demand, IMO... Both will or should eventually stimulate but the idea here is in the bit about who is incentivized initially and by what psychological impact are either expected to act.

Say's bit about Supply creates its own Demand is theoretically sound but practically flawed... We deal with Humans in this equation and Humans tend to be motivated by their own stimuli... A 'government' provided stimulus in a Demand scenario is only the prod from which the multitude are expected to forgo savings and the like and spend, spend, spend, and get into debt to sustain and grow (hopefully) an economic adventure..
There aint enough stimulus possibly available to induce the Production folks and all that entails to start the ball rolling without some expectation that folks will Demand their Product when they know they don't have the resources to do so...

 

[Infohawk]

Stop making threads.

I would modify this to say, "stop making more than one thread a month." I like a lulz once in a while.

 

[LunarRay]

I would modify this to say, "stop making more than one thread a month." I like a lulz once in a while.

What on Earth is a "Lulz"...

 

[jman19]

Stop making threads.

Came in here to say this, but I'll just quote it instead :thumbsup:

 

[Steeplerot]

If anything rw libertarians and anarchists would be the one in the pockets of the corporate elites. But I am sure in 420 world you believe the projections and you are thinking outside the koch funded think tank..oops I mean box

 

[LunarRay]

"Subject: Economics in MY Ireland..

The population of Ireland is approximately 4 million.

1 million are retired.
That leaves 3 million to do the work..

There are 1.4 million in school or at Universities.
Which leaves 1.6 million to do the work.

Of this there are 0.5 million employed in the Civil Service.
They do nothing
Leaving 1.1 million to do the work.

0.2 million are in the armed forces and the Gardai trying to keep the peace in God-forsaken territories and on the North side .
Which leaves 0.9 million to do the work.

Take from that total the 0.2 million people who work for Local County Councils. They also do nothing
​

And that leaves 0.7 million to do the work.


At any given time there are 0.65 million people in hospitals, on the dole or claiming Invalidity Benefit.
Leaving 50,000 to do the work.

Now, there are 35,000 people on holidays and 14,998 people in prisons.


That leaves just two people to do the work.

You and me.

And there you are, sitting on your butt, at your computer, reading threads.

Is it any wonder that we are in such a mess and that I am stressed out through trying to cope on my own?"

 

[sandorski]

Keynes had an Idea, an Idea that no one before him had. I know you're big on the Austrians, it's just too bad you confuse them as the opposite or alternative to Keynes. You couldn't be further from the Truth. Both schools of Thought address different things. One addresses Micro Economics, the other Macro Economics.