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So that's why Keynesianism doesn't work?

Keynes a big homo and therefore didn't understand long term, per Harvard economist.

http://www.cbsnews.com/8301-201_162-57582902/niall-ferguson-...



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Well, keynsianism doesn't

Well, keynsianism doesn't work because there is no such thing as "aggregate demand"..... and the fact that Say's law CANNOT be refuted, simply because it is true.

Did anyone read the comments? Keynesian success stories? Where? Austerity? Where? New Deal ending the great depression? Riiiight!!!

"I do not add 'within the limits of the law,' because law is often but the tyrant's will, and always so when it violates the right of an individual."

Idea

I like peanut butter

"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."-- Albert Einstein

Cyril's picture

The Keynesian FSM is so fudging FRAUDULENT that it's brilliant.

The Keynesian Fiscal Multiplier is so fudging FRAUDULENT that it's brilliant.

http://www.dailypaul.com/284503

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

Keynesianism doesnt work because it relies on Three Stooges Math

No. Keynesianism doesn't work ONLY because it relies on Three Stooges Maths :

http://www.dailypaul.com/264947/bunker-bear-kicks-keynesian-...

Homosexuality (or heterosexuality, or whatever) has nothing to do with it.

Alan Turing was homosexual but also a true genius. Who made science progress.

Unlike Keynes, whose fraudulent biased ideas on economics can now only appeal to today's frauds, parasites, thieves, and liars like Mr. Paul FRAUD Krugman.

Or Mr. Ben Bernankster.

'HTH,

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Agreed

I just find it amusing that, finally a mainstream economist criticizes Keynes, and this is the best thing he can come up with! That, and it gets reported on the news because it irritates some group of persons. I support his right of free speech but this is pathetic (and so is Keynes, but not for the reason stated in the article).

"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."-- Albert Einstein

Dave is not skeptical enough?

Ones mix of hormones does not need to queer their thinking.

Free includes debt-free!

uhhh

just because I posted the article doesn't mean I agree with it. Look at my thread title. There is a question mark. Do I need to spell it out for you? I know all the criticisms of Keynes and favor Austrian economics myself. So don't jump to conclusions.

"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."-- Albert Einstein

Us skeptics need it spelled out.

I gave you the chance to clarify.

Free includes debt-free!

okay, fair enough

well then read my posts, if you have a specific question, let's hear it. Otherwise, don't go putting words in my mouth.

"Two things are infinite: the universe and human stupidity; and I'm not sure about the the universe."-- Albert Einstein