Austrian vs. Keynesian Economists on 2008 Economic Crisis
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All Comments (22)
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@H2J0E Thank you
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RON PAUL 2012
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I adhere to the Austrian school, but I really hate social, religious conservatives.
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Is this a joke? This video implies that we are currently practicing Keynesian economics "KE". US went supply side/trickle down economics with Reagan. The current crisis is do to the Bush tax cuts and allowing a massive concentration of wealth to the top 5% (now controlling over 62%). At least make the video honest. KE was used in the 40's,50's & 60's. Made us the worlds economic leader with powerful middle class. Austrian preaches little/no government, great real life example: Somalia.
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I simply hate this kind of one-sided, rhetorical videos
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Awesome video, but it is really cheesey. I will be an Austrian till I die but its funny how epic the music is
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@TheBrotherMouzone why read "american thinker" which has conservative bias
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Why dont you play what you said during the 2007 elections as a reason for why noone listened to him..........
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Keynesian economics isn't economics. Period.
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QE2 inflation + VAT TAX = Austerity ?
Krugman will go down in history as the greatest crackpot who ever existed. He cannot even defend himself on his own blog anymore: Search for "american thinker" "krugman gives up" on Google and read the top article. What a scoundrel!
TheBrotherMouzone 1 year ago 11
Excellent video showing how utterly retarded keynesian economics are.
The problem is there's a lot of fucktards and mental midgets in this country who will never grasp this concept.
TheNewMusicNetwork 1 year ago 6