Again you're incoherent. This is a chance for right wingers to confirm what economic school of thought they adopt. I've merely informed you that I expect vague reference to Austrian economics (nothing concrete mind you as the Austrians have so little to offer in terms of understanding economic phenomena) and a shunning of neoclassical economics
OK. Sounds good. If you think of anything I had missed earlier about political involvement in the economy, you just let me know. Otherwise all bases covered? I type on a phone usually that is slow. Words are sometimes left out of posts. Everyone else can read them, lets get working on it over there Reviver.
They've never contributed much to understanding economics. In the US, we saw almost 35 years or solid growth due to the combination of New Deal policies and Keynesian economics.
This is what I see most with the righties. And I think that they also have a tendency to think in terms of personal checkbooks, when the larger macro issues are counterintuitive. You have to be able to apply statistics and empirical to reality.
Threads like this are hilarious. Pompous words, without definition, being bandied about, vague definitions, implied (or stated!) ridicule.. these are pure political forum. Life's but a walking shadow, a poor player That struts and frets his hour upon the stage And then is heard no more: it is a tale Told by an idiot, full of sound and fury, Signifying nothing. Macbeth, William Shakespeare
This policies lengthened the Great Depression. Imagine the growth if GovCo hadn't had spent so much money.
The biggest problem with that era was conservatism. It required world war for Keynesianism to be fully embraced
There had never been such a stable, long term, economic growth until Keynesianism and the NEw Deal was embraced in the US. I think the rest of the world generally followed suit (or led the way, as Keynes, Wicksell, Ohlin and others were from Europe).
I'm not interested in playground tactics dear boy. Please try and say something relevant to the thread
Just matter of fact. Look at how many right wingers have actually referred to the political economic school of thought that they support. Getting info out of them is notoriously difficult.
You're the one trolling. Refer to your political economic school of thought! Austrian, neoclassical, perhaps anarchist? Please give content rather than trying to de-rail a thread with schoolyard prattle