Paul Krugman's alien invasion strategy (Real Time with Bill Maher)

Paul Krugman talks about his alien invasion strategy to end the economic depression.

• Category

  News & Politics

[Filip Minić]

Markets are not always the best way to allocate resources,not in every field,that's following blindly an ideology even when it doesn't work. Free markets were even proven to work only for products which are evaluated easily by consumers,where the costs are predictable and information is easy,even people who are hard core capitalists who developed further Adam Smiths theories realized that. I hate it when people say for instance capitalism works for everything end of story,simply not true.

[Mauricio de Freitas Bento]

Man, you are very arrogant.

You should study more...

Markets are the best way to allocate resources.

They are not perfect, for sure. You could deffend public policies on healthcare because of that. But never attack free markets as you've done.

The US itself is the proof that free markets work.

[Filip Minić]

Never in a million years. Don't follow an idealogy because there is no system that works for everything. Healthcare for instance is terrible for a free market,fact,end of story. There are places where free markets work wonderfully and where they work terribly and that it end of story. You can borrow money now in America with negative interest and invest it in healthcare and education,infrastructure,scien­ce which would have a huge ROI.

[Mauricio de Freitas Bento]

Laffer >>>>>>>>>>>>>>>>>>>>> Krugman

[oxomaticman]

I believe you were trying to respond to DannyIgnite. But the message is clear as you pointed out. He got the prize before any actions. The prize is meaningless. 

[deano2340]

No it didn't, what got us out of the depression was when World War II ended, Keynesian economics prolonged it. The keynesians said that we would have another depression when the war ended because government spending would go down, the GDP did in fact go down, however we know that 1946 was a time of prosperity. So government spending is not the answer.

[NachosaurusRex]

Who says it's impossible? Ever heard of keynesianism? Expansive measures is the answer for both the US and the EU. It got you out of 1930's depression.

[NachosaurusRex]

No, he got it in 2009, before any actions. Get the message, anyone would have gotten it because by definition, anybody is a peace icon compared to bush. And a transparency icon and an insight icon.

[DannyIgnite]

Did he get the Nobel Peace Prize for the deaths of hundreds of children by drone strikes for which his Administration is directly responsible?