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Fear the Boom and Bust

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  • #1

    Fear the Boom and Bust

    [YOUTUBE]d0nERTFo-Sk[/YOUTUBE]

    “Absolutely fair and brilliantly rhymed. It's not a complete account of Keynes but it seems to be completely right.”
    Keynes biographer
    Lord Robert Skidelsky

    For a decent (surprising, considering the source) breakdown of the ideas presented:
    http://www.dailykos.com/story/2010/3/1/8929/21462
    Last edited by katoa; 08-03-2010, 03:17 PM.
    Tags: None
  • #2
    Best lines...

    Keynes: "So if that flow is getting low, doesn’t matter the reason We need more government spending, now it’s stimulus season So forget about saving, get it straight out of your head Like I said, in the long run—we’re all dead"

    Hayek: "Your focus on spending is pushing on thread In the long run, my friend, it’s your theory that’s dead So sorry there, buddy, if that sounds like invective Prepare to get schooled in my Austrian perspective"
    "If there is one thing I am, it's always right." -Ted Nugent.
    "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
    "Yet I still see wisdom in that which Uncle Ted posts." -creek.
    GIVE 'EM HELL, BRIGHAM!

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    • #3
      One of my favorite quotes from Brother Hayek - "From the saintly and single-minded idealist to the fanatic is often but a step". He had another one that I can't remember the exact wording. Something like, "There's a difference between treating people equally and attempting to make them equal".
      Just try it once. One beer or one cigarette or one porno movie won't hurt. - Dallin H. Oaks

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      • #4
        Boo! I posted that in February along with an awesome review of Super Freakonomics.
        Get confident, stupid
        -landpoke

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        • #5
          Round two

          [YOUTUBE]GTQnarzmTOc&feature=relmfu[/YOUTUBE]


          Sorry if this was already posted elsewhere.

          Comment

          • #6
            Originally posted by USU Coug View Post
            Round two

            [YOUTUBE]GTQnarzmTOc&feature=relmfu[/YOUTUBE]


            Sorry if this was already posted elsewhere.
            That's really well done. Thanks for posting.
            “There is a great deal of difference in believing something still, and believing it again.”
            ― W.H. Auden

            "God made the angels to show His splendour - as He made animals for innocence and plants for their simplicity. But men and women He made to serve Him wittily, in the tangle of their minds."
            -- Robert Bolt, A Man for All Seasons

            "It is only with the heart that one can see rightly; what is essential is invisible to the eye."
            --Antoine de Saint-Exupery

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            • #7
              Very catchy. Now I'll have the chorus running through my head all day.

              Comment

              • #8
                Interesting that was written by an MD.

                Keynes himself would not be a fan of "Keynesianism" as currently defined. As I recall, he did not believe in running perpetual structural deficits, only temporary deficits.

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