/biz/ - Business & Finance

So you rather cling on to your beliefs instead of having them challenged? You already sound like a Keynesiantard, congrats.

>>262671
This, basically.

If you're not enriched by being educated fully in an oppositional philosophy, in that by becoming more aware of it you are better able to identify and challenge its flaws, you're worthless.

If you are scared of falling into that philosophy, even with its obvious flaws, you're not very intelligent and nothing of value was lost.

>>262694

So much this.

Anyway it's kind of sad that OP is basing his conclusions on images like the one he posted and this one >>262662

Is there a school of economic thought for edgy high schoolers?

>>262771
yep, they teach it at 4chan /biz/nis academy

>>262630
Macroeconomics is basically predicated on Keynes's work

>>262771
Socialism

>>262771

Marxism.

>>262771
Libertarianism

>>262789
and does it work?
Micro is alright in my book

>>262823
I'm just saying if OP wants a degree in economics, he has to take macro.

>>262827
well clearly, but I don't see macro being anything but an academic exercise, it's all contrived

Major in a related field like business taught by faculty that isn't clinging faulty, outdated beliefs like the rational consumer and the invisible hand.

>>262832

How is that any different from Micro?

If you are so susceptible to being brainwashed that you can't critically examine the beliefs you get taught scholastically then you should just get the degree for the sake of maximising income and suspend all judgement when it comes to holding intellectual beliefs about economics. But really dude, just read some Austrianism and watch as the pitifully absurd Keynesian is dashed against a body of theory that actually does a good job of describing economic reality. Actually, you might want to stay clear of refuting Keynesianism and just go with the crowd - if you don't you might get depressed when you realize how much better things could be if governments actually pursued sane economic policy.

>>262630
>Wants to be taught in an echo chamber
>Afraid of brainwashing

Literal Retard. Read some keynes, take a macro class, and if you truly believe his claims are wrong, then you're free to believe what you want.

You'd never make it in an econ program with that mentality. Econ requires critical thinking, something you clearly lack.

>>262883

>Austrianism
>doing a good job of describing economic reality

>>262635

Why do people still post this retarded shit? It's already been debunked. Whoever wrote this didn't even get the multiplier 'k' right. It's 1/(1-MPC). dY/dG is simply the affect of the multiplier, not how the multiplier works itself.

Anyway, OP, you should know that Keynesianism is a huge part of economics, especially macro. Everyone accepts the fundamentals of Keynesianism (except for fringe "economics" like Austrian school which is more philosophy than actual economics). You only see the divergence come in when you venture outside the math and theory and into the politics, like should we have more or less gov't spending, is inflation okay or not okay, etc.

So if you want to actually learn economics instead of staying stupid and just spouting shit you read from the Holy Church of Mises or le epic maymays like >>262662 then by all means ignore Keynesianism. Just know that no one with an economic background will take you seriously if you don't actually know economics yourself.