/lit/ - Literature

>>9080430
I certainly appreciate him and his influence on FDR, but it always seems like he wants to just ignore class and hope it goes away. Miles better than Friedman though.

>>9080451
Hey, I'm embarrassingly poorly read regarding economics and I've been watching a few of Friedman's lectures here and there just out of curiosity. He seems to speak a lot of sense but I understand that I can't really properly assess what he's saying. What's so bad about him?

Also what's the best route into economics. I would be able to handle the mathematics.

>>9080430
Karl Marx wasn't an economist

>>9080617
Pick up a Mankiw textbook and start reading

>>9080657
>writes three volumes critiquing an economic system in obsessive detail
>not an economist

I would be embarrassed to post what you did OP. I really hope this is bait.

>>9080430
>Muh Marx
>Muh Keynes
>Muh Friedman
Looks like some people never got past pleb-tier economic theory.

>>9080678
He wasn't. He talked on the political economy & political philosophy. It's like calling sociologists economists

>>9080698
Before there was a meaningful split between those fields.

He was an economist, as were Malthus and Veblen it is not up for debate.

>>9080686
ayyy

>>9080686

>>9080686
Have you read anything by Keynes? Hoo boy, economic equations, highly defined variables, and like all of his contemporaries, he backed his theories with empirical evidence.

Keynes is an intellectual giant, a fucking colossus.

>>9080698
SO TRUE!
Like, Socrates didn't even have a degree in philosophy, how dare he?

>>9080430
>not being an austrianfag

Fucking pleb, get!

>>9081324
kys peter schitt

Anyone read anything by Hayek?

Irving Fisher?

>>9081453
No, have you?

>>9081463
Yeah Irving Fisher is rather complex, a bunch of equations, his ideas, like Keynes, were largely influenced by Menger's Prīnciples. Tough work, some of it, his Theory of Interest is a great, informative work heavily backed by evidence. It details interest rate lag effectively peaking at max correlation around one year after the rate of price changes increases.

>>9081463
>>9081477
But no I haven't read Hayek yet.

The big division for economics seems to me to be in the early 20th century with many taking the quantitative approach and some like Mises taking a completely institutional, empirical, historical, and conservative approach.

>>9080678
It's a critique of political economy, like a critique of past economists. Read the endnotes faggot.

>>9080430
karl was more fun

>>9081477
>>9081483
Which of Fisher's books besides theory of interest are worth reading?

>>9080430
dumb question

>>9081736
After I get through the Principles of Economics by Carl Menger, I'm reading Mathematical Investigations in the Theory of Value and Prices by him. It's read like a mathematical proof at some places, and is heavily influenced by marginal value theory. It was referenced by Ludwig Von Mises in his Theory of Money and Credit. Pic related.

Hayek or nothing

>>9080678
>writes 3 comedy chevrons critiquing harry potter on /lit/
>not a novelist

>>9081052
>Have you read anything by Keynes? Hoo boy, economic equations, highly defined variables, and like all of his contemporaries, he backed his theories with empirical evidence.
And he based it all on Freudianism

>>9083388
Who wrote about this? I'm interested.

>>9083388
Is this an alternative fact?

Keynes fucked millions of people over.
literally.
he was gay

It's because Keynes isn't one of the founders of sociology

Lit users tend to care more about sociology than economics.

>>9083440
how so

>>9083453
>>9083456
>sociology
>Karl Marx
>sociolism
>whatdidtheymeanbythis.png

Fuck off commie. Get a job.

>>9080430
because Marx feels good, Keynes doesn't

>>9081052
Yeah, economists are pretty good at math. Unfortunately the level of detail with which psychology and sociology need to be predicted for a mathematical economic model to function are beyond human capabilities.

>>9080430
Keynes was a cuck whose best explanation of crises (falling marginal efficiency of capital) is actually a poor shadow of Marx's own, but without the latter's scientific analysis of causation and thus completely worthless. Muh animal spirits.

Marx was a jew, Keynes was a faggot. The only acceptable economist is Smith.

>>9085943
Smith was a retard

>>9085981
Well
Marx was objectively Jewish
Keynes objectively liked cock in his butt
Smith is subjectively a retard, according to you

>>9085449
>>9083456
>not realizing sociology as a field was pretty much built by socialists starting with comte and saint-simon

>>9080430

One is a theory of historical progression the other is economics

3/10 made me comment.

>>9080430
Left or right, ya'll are on the road to serfdom