Well-respected? Murphy can't even get published in real econ journals and can't get a decent academic position. In fact, reading his blog, Free Advice, it's obvious he can't even interpret simple graphs. He's a total fool, but you're even worse, because you follow him.
@8chxBLhJDy9 ironically, the idea that ultimately, "we don't need government for anything" is also the essential tenet of communism. marx thought that eventually, at the end of the class struggle we'd achieve an end of history utopian state where government would no longer be needed because society and the innate goodness of the proletariat would be magically self-regulating. kinda seems like libertarians hate communists because they're so much alike.
Robert Murphy, a well-respected economist who has a PhD, totally disagrees with Krugman's take on the economy. He has repeatedly challenged Krugman to a public debate and has even gained tens of thousands of dollars worth of donation pledges that will be donated to food banks in needy areas if Krugman accepts the challenge. Krugman still refuses to face Murphy in debate.
The 98% or so fall in the value of the dollar since 1913 annualizes at less than 3.5% inflation/year, idiot. You can't even do basic math and you want to talk about economics? lmao
You didn't even address the liquidity trap, because you don't even know what it is. You're not even describing the paradox of thrift properly, which is what I think you're trying to do, as you're not even talking about saving and investment. lol
@LiberaLib It is not possible to privatize the police because in a free market people can choose not to use a service or buy a product. But the police use's brutal force to make poeple do stuff they don't want to. Im not against a government who protect me against people who want to hurt me. Libraries and roads on the other hand... Private industries can make mechanical/artificial hearts, we don't need the government to create libraries and roads.
@LiberaLib That is the case at any video that mentions Krugman, no matter who's channel. It is weird how obsessed they are with him.
unclexbob 1 month ago
Want whole segment!
unclexbob 1 month ago
@KagarBeardtooth
Well-respected? Murphy can't even get published in real econ journals and can't get a decent academic position. In fact, reading his blog, Free Advice, it's obvious he can't even interpret simple graphs. He's a total fool, but you're even worse, because you follow him.
AntiSchiff 1 month ago
i feel kinda bad for paul krugman that his channel's overrun with rabid randians, by the way. that's a real drag.
LiberaLib 1 month ago
@8chxBLhJDy9 ironically, the idea that ultimately, "we don't need government for anything" is also the essential tenet of communism. marx thought that eventually, at the end of the class struggle we'd achieve an end of history utopian state where government would no longer be needed because society and the innate goodness of the proletariat would be magically self-regulating. kinda seems like libertarians hate communists because they're so much alike.
LiberaLib 1 month ago
@AntiSchiff
Robert Murphy, a well-respected economist who has a PhD, totally disagrees with Krugman's take on the economy. He has repeatedly challenged Krugman to a public debate and has even gained tens of thousands of dollars worth of donation pledges that will be donated to food banks in needy areas if Krugman accepts the challenge. Krugman still refuses to face Murphy in debate.
KagarBeardtooth 1 month ago
@ogchris100
The 98% or so fall in the value of the dollar since 1913 annualizes at less than 3.5% inflation/year, idiot. You can't even do basic math and you want to talk about economics? lmao
AntiSchiff 1 month ago
@ogchris100
Faber is a joke and Friedman believes in monetary stimulus, so you again you make a fool of yourself.
AntiSchiff 1 month ago
@RTEvideos
You didn't even address the liquidity trap, because you don't even know what it is. You're not even describing the paradox of thrift properly, which is what I think you're trying to do, as you're not even talking about saving and investment. lol
Wow, the ignorance is astounding.
AntiSchiff 1 month ago
@LiberaLib It is not possible to privatize the police because in a free market people can choose not to use a service or buy a product. But the police use's brutal force to make poeple do stuff they don't want to. Im not against a government who protect me against people who want to hurt me. Libraries and roads on the other hand... Private industries can make mechanical/artificial hearts, we don't need the government to create libraries and roads.
RTEvideos 1 month ago