The Keynesian Nightmare Continues...

#51
#51
utgibbs said:
It has taken all summer just to set the record straight on Fulmer.

I guess I've got to roll up my sleeves now....

You all realize you live in a mixed economy, right?

And you all realize that everywhere they have tried to implant Hayek and Friedman's "pure" vision it has failed, right?

And you realize that Hayek and Friedman might talk a good game of freedom (as did Rousseau, Helviticus, Saint-Simon, Hegel, etc) but it is totalitarian vision circumscribing freedom - not unlike the other totalitarian visions of both the Left and Right that have dominated our century?

Third Way, baby!
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thanks for the help. It appears you're the only guy here who knows any economics.

Which system, in pure form, would work in any spot for an extended period of time?
 
#52
#52
utgibbs said:
It has taken all summer just to set the record straight on Fulmer.

I guess I've got to roll up my sleeves now....

You all realize you live in a mixed economy, right?
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No such animal. We live operate in a somewhat compartmentalized economy. There are a few sectors that the Keynesians haven't quite figured out how to completely ruin... but they're trying.

... but it is totalitarian vision circumscribing freedom - not unlike the other totalitarian visions of both the Left and Right that have dominated our century?

Third Way, baby!
Click to expand...
Keynesian is dictatorial by its very nature.

It is necessary to regulate a free market society to prevent monopolies, trusts, and other "moral" violations of the free market principle. These tendencies are NOT a disproof of the free market principle... they are simply an example of private interests attempting to do what Keynesians would do via gov't control and favoritism.

The "third way" is to trust neither gov't nor private interests to behave themselves. The gov't needs to get out of the game and do its job as nothing more than an objective referee.

Where exactly are the failures you are referring to?
 
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#54
#54
emainvol said:
Hebrew.
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The word has been incorporated into Hebrew, Greek,
Arabic, Latin, English and other languages but didn't
originate in the Hebrew or even the Berber language
prior to that.

Do you ever look beneath the surface for anything??

Amon (various spellings) was originally the god of the
wind, from Thebes, also associated with the breath
of life, later connected to the sun god Ra, he became
Amun-Ra.

The Theban Triad: Amen, Mut and Khons

His famous temple, Karnak, is the largest religious structure ever built by man.
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Remember Carnak the magnifcent?

Carnac.jpg







T-TownVol said:
It means...."race you to Longhorn!"
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I've been sitting here waiting for you for days on end!!

:toast:
 
#55
#55
BigPapaVol said:
thanks for the help. It appears you're the only guy here who knows any economics.

Which system, in pure form, would work in any spot for an extended period of time?
Click to expand...

why do I feel like I'm about to watch a scene directly out of Good Will Hunting?
 
#56
#56
utvolpj said:
why do I feel like I'm about to watch a scene directly out of Good Will Hunting?
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I can't personally wait to see the economic prowess who says the data supports a 9 win Fulmer season and a brand new Crompton with a month's bowl practice in 08.

Adam Smith may roll over in his grave twice.
 
#57
#57
utgibbs said:
Oh boy. I better not venture over here.

The Keynesian Nightmare? You mean the 30 years of unparalleled growth and prosperity following WWII? That Keynesian nightmare?

Do you really need to be filled in on world events since the Volcker Shock? Do you not know that infrastructure is one of the very few ways to manage the Capital Accumulation Crisis without creating more CDOs and other three letter fictions?
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There you go rewriting history again.




utgibbs said:
oh my god. I cannot come over here. At least on the football board the only mouth-breathing is the wildly misinformed and irrational Fulmer hatred.

Gah! I've only looked at two posts, and I feel like Crompton in vapor lock!
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That's because you are still a p-whipped wimp who can't get a Chrismas Eve pass to go out for a beer or three!!!
 
#58
#58
I see gibbs is now employing the indomitable "I'm right, you're wrong simply because I say so with zero supporting evidence" strategy in the politics forum.
 
#62
#62
gsvol said:
The word has been incorporated into Hebrew, Greek,
Arabic, Latin, English and other languages but didn't
originate in the Hebrew or even the Berber language
prior to that.

Do you ever look beneath the surface for anything??
Click to expand...

The word amen, especially in the context in which I used it, originated in Hebrew meaning "so be it."

The Egyptian god has a similar pronunciation, but is likely not related. I can't remember when this came up (I believe it was a philosophy class I took years ago) but it is a common mistake.

According to Wikipedia, there is a Sanskrit word "aum" that is also mistakenly thought to be a word of origin.

In other words, I didn't dig deeper because this is one of those strange, trivial things that I knew off the top of my head.
 
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#64
#64
BigPapaVol said:
thanks for the help. It appears you're the only guy here who knows any economics.

Which system, in pure form, would work in any spot for an extended period of time?
Click to expand...

That's the beauty of plurality; the beauty of the Third Way.
 
#66
#66
utgibbs said:
Oh boy. I better not venture over here.

The Keynesian Nightmare? You mean the 30 years of unparalleled growth and prosperity following WWII? That Keynesian nightmare?

Do you really need to be filled in on world events since the Volcker Shock? Do you not know that infrastructure is one of the very few ways to manage the Capital Accumulation Crisis without creating more CDOs and other three letter fictions?
Click to expand...

This = heaven on earth....... Gibbs in the politics forum spouting about how righteous gov't is.
 
#67
#67
BigPapaVol said:
presumably you'll answer the question at some point as you irrationally bash Friedman and blow Keynes.
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+1

His political views express every thing, if he has children instead of applying for college they will apply for gov't assistance.
 
#68
#68
sjt18 said:
No such animal. We live operate in a somewhat compartmentalized economy. There are a few sectors that the Keynesians haven't quite figured out how to completely ruin... but they're trying.

Keynesian is dictatorial by its very nature.

It is necessary to regulate a free market society to prevent monopolies, trusts, and other "moral" violations of the free market principle. These tendencies are NOT a disproof of the free market principle... they are simply an example of private interests attempting to do what Keynesians would do via gov't control and favoritism.

The "third way" is to trust neither gov't nor private interests to behave themselves. The gov't needs to get out of the game and do its job as nothing more than an objective referee.

Where exactly are the failures you are referring to?
Click to expand...

When did Keynesian not become a market system?????

I mean, I'm SHOCKED! When did that happen?

Failures: Chile, Argentian, Brazil, Bolivia, Poland, Russia, Iraq. You could lump the Asian Tigers in their as well. In fact, the only two who didn't suffer under the 1997 shock were the ones who had rejected all the capital flight rules / lifting of tariffs: China and Malaysia.
 
#69
#69
utgibbs said:
When did Keynesian not become a market system?????

I mean, I'm SHOCKED! When did that happen?

Failures: Chile, Argentian, Brazil, Bolivia, Poland, Russia, Iraq. You could lump the Asian Tigers in their as well. In fact, the only two who didn't suffer under the 1997 shock were the ones who had rejected all the capital flight rules / lifting of tariffs: China and Malaysia.
Click to expand...

you aren't related to Robert Gibbs, are you? or is the "gibbs" a reference to a dormitory on campus? either way, you've obviously been a victim of your college professors.
 
#70
#70
utgibbs said:
When did Keynesian not become a market system?????

I mean, I'm SHOCKED! When did that happen?

Failures: Chile, Argentian, Brazil, Bolivia, Poland, Russia, Iraq. You could lump the Asian Tigers in their as well. In fact, the only two who didn't suffer under the 1997 shock were the ones who had rejected all the capital flight rules / lifting of tariffs: China and Malaysia.
Click to expand...

WTF?!?

:crazy:
 
#71
#71
utgibbs said:
That's the beauty of plurality; the beauty of the Third Way.
Click to expand...

If you support Keynes, you do not affirm a third way... a more "moderate" Keynesian system is still a dictatorial system.

Would it make you feel any better to know that some colonial black slaves had private quarters and alot of liberty? The product of their labor was still the legal property of someone else so they could only keep the portion the slave owner allowed. They could not leave without informing their owner. They couldn't own real property that could be passed on to their children in whole. Their rights were confiscated and doled back to them as privileges... Wait... maybe that would make you feel better since that's pretty much where Keynesian economics inevitably takes a country in real world application.
 
#72
#72
MG1968 said:
you aren't related to Robert Gibbs, are you? or is the "gibbs" a reference to a dormitory on campus? either way, you've obviously been a victim of your college professors.
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Really?

:lolabove:

You thinkin Phoenix?
 
#73
#73
BigPapaVol said:
presumably you'll answer the question at some point as you irrationally bash Friedman and blow Keynes.
Click to expand...

Friedman thinks "freedom" is being able to choose different colored ties. His vision is totalitarian. He wants a computer to run the World Bank and make decisions. His is a passionless totalitarian vision which is the antithesis of freedom.

The guy is dead; there is a school of thought that he is partly responsible for the lives who were ground up to see the "Chicago Boy" vision implemented.

I tend to think he believe in the "perfectness" of the market as a scientific principle. Fine. However, every good physicist knows you can't design the perfect experiment on Earth, and every engineer knows you have to build a pilot plant first to figure out all the "fudge factors".

It's another perfect utopian vision that results in perfect despotism.
 
#74
#74
utgibbs said:
Friedman thinks "freedom" is being able to choose different colored ties. His vision is totalitarian. He wants a computer to run the World Bank and make decisions. His is a passionless totalitarian vision which is the antithesis of freedom.

The guy is dead; there is a school of thought that he is partly responsible for the lives who were ground up to see the "Chicago Boy" vision implemented.

I tend to think he believe in the "perfectness" of the market as a scientific principle. Fine. However, every good physicist knows you can't design the perfect experiment on Earth, and every engineer knows you have to build a pilot plant first to figure out all the "fudge factors".

It's another perfect utopian vision that results in perfect despotism.
Click to expand...

In short, you want America to become Detroit?

:eek:k:
 
#75
#75
utgibbs said:
Friedman thinks "freedom" is being able to choose different colored ties. His vision is totalitarian. He wants a computer to run the World Bank and make decisions. His is a passionless totalitarian vision which is the antithesis of freedom.

The guy is dead; there is a school of thought that he is partly responsible for the lives who were ground up to see the "Chicago Boy" vision implemented.

I tend to think he believe in the "perfectness" of the market as a scientific principle. Fine. However, every good physicist knows you can't design the perfect experiment on Earth, and every engineer knows you have to build a pilot plant first to figure out all the "fudge factors".

It's another perfect utopian vision that results in perfect despotism.
Click to expand...

what? Free markets are totalitarian?

Rules of physics govern economic systems and market interactions?
 
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