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Old Jan 26th 2016, 01:27 PM
Tom Palven Tom Palven is offline
Cranky Curmudgeon
Join Date: Nov 2010
Posts: 2,050
Default Re: Keynesianism in 4 Simple Lessons

Originally Posted by Non Sequitur View Post
This is the way I see it.

Some preachers such as Pat Robertson claim that if you haven't almost memorized the Old and New Testaments, that you don't have a right to criticize Christianity.

I can't claim to be an religious scholar or a macroeconomics scholar.

I only attended Christian Sunday school, and only took introduction courses in macroeconomics and microeconomics in college. But I've come to the conclusion that microeconomics make perfect sense, while the macroeconomic and religious schools of thought are largely bogus, despite hundreds of millions of people having complete faith in them.

And I'd say that despite Keynes claiming that his economic schemes were an effort to save capitalism, Keynesianism is used today as apologetics for the command economics of socialism, and even less useful than Christian prayers because Keynesianism is not only useless, but counterproductive.

That's my humble opinion.

However, I like your quote from The Princess Bride, The Greatest Story Ever Told. My favorite line is "Throw me the rope."
Voltairian individualist on the Lunatic Fringe of the Radical Center

Last edited by Tom Palven; Jan 26th 2016 at 01:30 PM.
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