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Innhold levert av Mark Geise. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Mark Geise eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Episode 20 – My Biggest Issues with Keynesian Economics

 
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Innhold levert av Mark Geise. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Mark Geise eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

I have many issues with Keynesian economics, but in this episode I discuss my biggest contentions:

  • Keynesians don’t explain what causes the booms that lead to busts.
  • Keynesians always complain that “not enough stimulus” was used (similar to how communists state that communism just wasn’t implemented correctly in the Soviet Union).
  • Keynesians act as if government spending comes out of thin air.
  • Keynesians focuses far too much on consumption and demand rather than savings and investment.
  • Keynesians hide behind their models and insinuate that the lack of mathematical rigor in other strains of economics means that Keynesianism is superior.

I also discuss why Paul Krugman is a partisan hack and why we cannot trust a single word that he writes or speaks. His ultimate goal is a position in the Hillary Clinton administration, so he has not hesitated to compromise previous stances he has taken in order to sing her praises.

https://s3-us-west-2.amazonaws.com/mark-geise-show/Episode+20+-+My+Biggest+Issues+with+Keynesian+Economics.mp3

Suggesting Reading/Referenced Articles:
Book: “The Politically Incorrect Guide to the Great Depression and the New Deal” by Robert Murphy
Book: “How an Economy Grows and Why It Crashes” by Peter Schiff
Book: “America’s Great Depression” by Murray Rothbard (free, legal PDF download)
Podcast: “Ep. 57: Everything is Awesome, So Why Are Trump and Ryan Complaining, Wonders Krugman” – ContraKrugman
Video: “Keynesian Predictions vs. American History | Thomas E. Woods, Jr.” – YouTube
“Why Hillary Wins” by Paul Krugman – New York Times
Their Dark Fantasies” by Paul Krugman – New York Times
“Austrian Economics vs. Keynesian Economics in One Simple Chart” – Ludwig von Mises Institute

  continue reading

57 episoder

Artwork
iconDel
 
Manage episode 308832045 series 3021383
Innhold levert av Mark Geise. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Mark Geise eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

I have many issues with Keynesian economics, but in this episode I discuss my biggest contentions:

  • Keynesians don’t explain what causes the booms that lead to busts.
  • Keynesians always complain that “not enough stimulus” was used (similar to how communists state that communism just wasn’t implemented correctly in the Soviet Union).
  • Keynesians act as if government spending comes out of thin air.
  • Keynesians focuses far too much on consumption and demand rather than savings and investment.
  • Keynesians hide behind their models and insinuate that the lack of mathematical rigor in other strains of economics means that Keynesianism is superior.

I also discuss why Paul Krugman is a partisan hack and why we cannot trust a single word that he writes or speaks. His ultimate goal is a position in the Hillary Clinton administration, so he has not hesitated to compromise previous stances he has taken in order to sing her praises.

https://s3-us-west-2.amazonaws.com/mark-geise-show/Episode+20+-+My+Biggest+Issues+with+Keynesian+Economics.mp3

Suggesting Reading/Referenced Articles:
Book: “The Politically Incorrect Guide to the Great Depression and the New Deal” by Robert Murphy
Book: “How an Economy Grows and Why It Crashes” by Peter Schiff
Book: “America’s Great Depression” by Murray Rothbard (free, legal PDF download)
Podcast: “Ep. 57: Everything is Awesome, So Why Are Trump and Ryan Complaining, Wonders Krugman” – ContraKrugman
Video: “Keynesian Predictions vs. American History | Thomas E. Woods, Jr.” – YouTube
“Why Hillary Wins” by Paul Krugman – New York Times
Their Dark Fantasies” by Paul Krugman – New York Times
“Austrian Economics vs. Keynesian Economics in One Simple Chart” – Ludwig von Mises Institute

  continue reading

57 episoder

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