Economic Basics Part 1: Primer
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10:37
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HEY YOU WANT A HINT ON ECONOMICS PROFESSOR RETARD THEY OVERFLOW THE SYSTEM WITH MONEY THATS A GOOD ECONOMY THEY TAKE THE MONEY OUT THATS A BAD ECONOMY WAKE UP SHEEPLE
MegaWhitesox05 2 weeks ago
where are you from, i love your accent
unfad1ng 1 month ago in playlist Economic Basics
@EvanGaryMoss Mankiws is a keynsian of no value.I read that book.A new-keynsian he says.No difference in my view.Read Milton Friedman on positive Economics is my advise.
treddas851 4 months ago
@shanedk Milton Friedman said "Austrian economists have made valuable contributions to economics. Rather, as the sequel will argue, I maintain that: (a) The effort to rebuild economics along foundations substantially different from those of modern neoclassical economics fails. (b) Austrian economists have often nderstood modern neoclassical economics, causing them to overstate their differences with it."
treddas851 4 months ago
@shanedk You have a true good outspoken voice for freemarket,and i agree in most of what you say.But i would be glad if you could do a video about the differenece between the the Austrian school and the Chicago school of economics.Remember that Friedrich von Hayek was a professor at Chicago and in high degree inspired Milton Friedman.Let´s talk in civil manor and just tell what in the Chicago school you find so upsetting.I don´t get upset if you have critique of Friedman and Lucas.
treddas851 5 months ago
@shanedk I don´t want to be rude Shane.Excuse me it was not my intention.We disagree on economics but i really like your videos about Bogus very much.Very welldone.Thanks!
treddas851 5 months ago
@shanedk Hayek and Keynes where much the same.They were close friends and used the same basic ideas
and framework,rejected both the great positivist Neo-Classical tradition of Freemarket developed at the University of Chicago by such as Simons,Friedman,Lucas and the Rational Expectation Theory!Why Shane waiste your time on Hayek-Keynes.Friedman was the greatest Free-market economist of all time!
treddas851 5 months ago
@shanedk
Nonscence.You mezz it up.The basic confusion between descriptive accuracy and analytical relevance that underlies most criticisms of economic theory on the grounds that its assumptions are unrealistic as well as the plausibility of the views that lead to this confusion are both strikingly illustrated by a seemingly innocuous remark in an article on business-cycle theory that Friedman so wisely wrote in 1961.
treddas851 5 months ago