/biz/ - Business & Finance

>>12358037
Keynesianism is a product of a failure to understand basic empiricism and consequent delusion that the economy can be "treated" like a sick patient using interventionist solutions.
Hayek is for people who actually understand rigorous empiricism and know that much of what the Keynesian school jacks itself off about is unknowable.

What most people hear:
>Keynesian: Well you see, by increasing fiscal expenditures we can increase aggregate demand.
What an educated person with IQ > 130 hears:
>Keynesian: Hurr, durr, I have never done a single rigorous experiment to show that my model of the world is anything other than complete gobbledygook, but I can fool all the uneducated rubes by using impressive-sounding jargon. Better keep it up lest I have to quit this comfy scam and actually have to work for a living.

>>12325100
For great justice
>>12325109
If green this guy still makes it

>>12315953
OOOOOO

>>12224109
/thread

>>11788831
kek, basically this

We are on the cusp of the golden bull. Alts are already making their moves. Rev your lawnmowers boys.