I love how all Krugman videos on YouTube have about a 50% "like" rating no matter what. Considering that YouTube users far tend to be young and left-wing statists, that just goes to show you how full of shit he is. Even his base doesn't believe in him.
@stebecool Not really. Most people on youtube who actually look for Paul krugman videos to listen to are just Ron Paul voters who have "discovered" the "novel" Austrian business cycle theory. People who agree with Krugman spend more time in econ classes than on youtube. Ron Paul supporters typically shy away from econ classes because, frankly, the facts taught in econ 1. do not comport with the Austrian vision for America. Free, competitive markets are great, we've known...
...this since the days of David Ricardo and Adam Smith. The problem is that there are a few key government functions which are needed for these markets to flourish. First, government need to ensure that no side has monopoly or monopsony power, the former by forbidding collusion, regulating natural monopolies, and the latter by building infrastructure. Not doing this creates massive mis-allocations of resources and drags economic growth.
@migkillertwo Yes, the closer to perfect competition you can get, the better. But, the monopoly fallacy is deeply flawed... Monopolies cannot sustain themselves long term without the market taking over. Instead, monopolies NEED government policies to be sustainable. And don't be so quick to say Ron Pauls supporters don't take economic classes... I have taken several... but it is a lot easier to learn from a book then pay thousands of dollars to listen to what ur "suppost" to hear.
Krugman has dangerous ideas. To learn what "the new world order" and "globalization" and "social justice" means, study "United Nations Agenda 21." Everyone should know what this agenda means to their everyday life. It's happening NOW!
I am Sure Paul Krugman disliked his video as well.
sov19871987 1 week ago
I love how all Krugman videos on YouTube have about a 50% "like" rating no matter what. Considering that YouTube users far tend to be young and left-wing statists, that just goes to show you how full of shit he is. Even his base doesn't believe in him.
stebecool 1 month ago
@stebecool Not really. Most people on youtube who actually look for Paul krugman videos to listen to are just Ron Paul voters who have "discovered" the "novel" Austrian business cycle theory. People who agree with Krugman spend more time in econ classes than on youtube. Ron Paul supporters typically shy away from econ classes because, frankly, the facts taught in econ 1. do not comport with the Austrian vision for America. Free, competitive markets are great, we've known...
migkillertwo 1 month ago
...this since the days of David Ricardo and Adam Smith. The problem is that there are a few key government functions which are needed for these markets to flourish. First, government need to ensure that no side has monopoly or monopsony power, the former by forbidding collusion, regulating natural monopolies, and the latter by building infrastructure. Not doing this creates massive mis-allocations of resources and drags economic growth.
migkillertwo 1 month ago
@migkillertwo Yes, the closer to perfect competition you can get, the better. But, the monopoly fallacy is deeply flawed... Monopolies cannot sustain themselves long term without the market taking over. Instead, monopolies NEED government policies to be sustainable. And don't be so quick to say Ron Pauls supporters don't take economic classes... I have taken several... but it is a lot easier to learn from a book then pay thousands of dollars to listen to what ur "suppost" to hear.
obi1nekinobi 1 week ago
"monopolies cannot sustain themselves long term..."
Natural monopolies can, and businesses can maintain monopolies if there are massive economies of scale in the industry.
migkillertwo 1 week ago
Fool! FDR made the depression worse.
blackshep01 1 month ago
love the talk but HATE the sound!
Zatzzo 2 months ago
Ron Paul 2012
Newt Gingrich likes FDR beacuse FDR
was a borderline if not straight out fascist
RunLiberty 2 months ago
How FDR Saved the World: Or Why I love Herbert Hoover and Failed Economic Policies
Redeye1524 3 months ago in playlist More videos from PaulKrugmanBlog
Wall Street People should smack Paul Krugman with baseball bats.
tomcatpak 6 months ago
@tomcatpak
Working people should smack Wall Street People with bats.
Empty0Set 5 months ago in playlist More videos from PaulKrugmanBlog
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Krugman has dangerous ideas. To learn what "the new world order" and "globalization" and "social justice" means, study "United Nations Agenda 21." Everyone should know what this agenda means to their everyday life. It's happening NOW!
vechorik 7 months ago
Thse videos are great but seriously you should work on the production quality
TheEthanwashere 7 months ago