No One Saw This Economic Crisis Coming? [View article]
Fireball is right. It all was obvious. Keynes somehow leads armies of professors who become economic advisors to produce complex equations that figure out how everything is OK if you spend more than you can make and confiscate from the productive. Maybe the brilliance of Keynes(or Krugman) is that their theories allow politicians to take steps to postpone the inevitable while redistributing in the name of caring and getting votes. On Jul 12 09:17 AM fireball wrote: > in the early 90s i saw massive debt, massive corruption in >business and politics, and a complete lack of integrity in our >media. i was just amazed the house of cards didn't tumble >sooner. there was little i could do on a national level. there was >much i could do on a personal level. on the national level the best >thing i can see is to work on a constitutional party and to try to >starve the bloated parasite of government.
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Fireball is right. It all was obvious. Keynes somehow leads armies of professors who become economic advisors to produce complex equations that figure out how everything is OK if you spend more than you can make and confiscate from the productive. Maybe the brilliance of Keynes(or Krugman) is that their theories allow politicians to take steps to postpone the inevitable while redistributing in the name of caring and getting votes.
Jul 12 09:55 am
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All Comments by tonym »No One Saw This Economic Crisis Coming? [View article]
On Jul 12 09:17 AM fireball wrote:
> in the early 90s i saw massive debt, massive corruption in >business and politics, and a complete lack of integrity in our >media. i was just amazed the house of cards didn't tumble >sooner. there was little i could do on a national level. there was >much i could do on a personal level. on the national level the best >thing i can see is to work on a constitutional party and to try to >starve the bloated parasite of government.