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/biz/ - Business & Finance

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538443 No.538443 [Reply] [Original]

Does anyone on this board take this faggot seriously or respect him?

>> No.538445

Yes.

>> No.538446

>>538443
Yup

>> No.538448

>>538443

Yah

>> No.538452

I think he's right in the short, medium, and medium-long term but incorrect as resource ultimately relate to physics. Everything that has happened recently help confirm his suggestions.

>> No.538461

>>538443

Christ he's such a weird looking motherfucker. He looks like a massive dweeb.

>> No.538472

He's the farthest left you'll ever get with a proven economic policy, aside from maybe something in the Stockholm or Historical school, but most anglophone countries don't read about those

>> No.538488

>>538443
Yes I do.

>> No.538544

>>538443
Yes.

>> No.538590

Keynes merely recognized that the state is inevitably going to play a role in the economy and tried to determine how it ought to manage the central bank, manage spending and issue currency.

https://www.google.co.uk/search?tbm=bks&hl=en&q="objection+to+be+raised+against+the+classical+analysis"

"there is no objection to be raised against the classical analysis of the manner in which private self-interest will determine what in particular is produced, in what proportions the factors of production will be combined to produce it, and how the value of the final product will be distributed between them."

This is the kind of faith in the invisible hand of free market forces that would make Krugman cry "FREE MARKAT FANATIC!!"

>> No.538600
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538600

>>538443

Do we take the most influential economist in history who was able to create charts like these seriously....?

What do you think OP?

>> No.538601

>>538600
hmm, never knew about that, intredasting

http://seekingalpha.com/instablog/1034229-christopher-oleary/344561-the-investment-style-of-john-maynard-keynes

>> No.538628

>>538443
Half seriously. His analysis was useful within his stated and implied parameters. Ultimately though he was a technocratic tool.

>> No.538631

No. I only take economists who utilize a praxeological approach of investigation seriously

*tips bow-tie*

>> No.539173

>>538443

No. I read a chapter of one of his books, lied about reading the whole thing, and oversimplified what other people told me his theses were, so that they contradicted what I wanted the truth to be.

>> No.539310

>>538631
>*tips bow-tie*

Godspeed to you, Anon. 10/10.

>> No.540227

>>538443
>phillips curve

top lel. It's like you guys don't understand rigorous mathematics

>> No.540233

>>538443
In some aspects yes, in others no.

>> No.540240

>>540227
Speaking of which, why do economics undergrads brag about their math skills so much? I've never seen an economics undergrad program with as much math as even the flimsiest engineering program.

>> No.540245
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540245

>>540240
They don't need to, they invest in competitive markets and believe the invisible hand will increase the numbers on their bank account.

>> No.540253

>>538472

Are Stockholm or Historical school theories testable?