Total Posts:14|Showing Posts:1-14
Jump to topic:

Hayek vs Keynes

Lordknukle
Posts: 12,788
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 1:05:45 PM
Posted: 4 years ago
Kinda biased but pretty awesome.

Watch it.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
lewis20
Posts: 5,093
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 1:22:39 PM
Posted: 4 years ago
Is it biased or does one side just make more sense?
"If you are a racist I will attack you with the north"- Abraham Lincoln

"Do not wear clothing woven of two kinds of material" - Leviticus 19 19

"War is a racket" - Smedley Butler
Lordknukle
Posts: 12,788
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 1:23:39 PM
Posted: 4 years ago
At 3/30/2012 1:22:39 PM, lewis20 wrote:
Is it biased or does one side just make more sense?

The introduction and the interaction between Keynes and various other people in the video show a bias towards him.

And yes, one side does make sense; Hayek's side.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
lewis20
Posts: 5,093
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 1:27:52 PM
Posted: 4 years ago
At 3/30/2012 1:23:39 PM, Lordknukle wrote:
At 3/30/2012 1:22:39 PM, lewis20 wrote:
Is it biased or does one side just make more sense?

The introduction and the interaction between Keynes and various other people in the video show a bias towards him.

And yes, one side does make sense; Hayek's side.

Well ya, the video isn't biased it's just demonstrating Keynes popularity in economic theory.
This video did get me to read Keynes general theory and the fatal conceit.
"If you are a racist I will attack you with the north"- Abraham Lincoln

"Do not wear clothing woven of two kinds of material" - Leviticus 19 19

"War is a racket" - Smedley Butler
Thaddeus
Posts: 6,985
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 1:44:33 PM
Posted: 4 years ago
At 3/30/2012 1:23:39 PM, Lordknukle wrote:
At 3/30/2012 1:22:39 PM, lewis20 wrote:
Is it biased or does one side just make more sense?

The introduction and the interaction between Keynes and various other people in the video show a bias towards him.

And yes, one side does make sense; Hayek's side.

If you watch the round 2 video its clear that if there is any bias it is towards Keynes.
At the end Hayek knocks him down, but because he barely gets up people declare Keynes the winner (illustrating that though hayek wins logically, the mainstream still prefer keynes)
1Historygenius
Posts: 1,639
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 4:08:55 PM
Posted: 4 years ago
Since this is Keynesian Economics vs. Austrian School Economics, I did a poll on it! http://poll.pollcode.com...
"The chief business of the American people is business." - Calvin Coolidge

Latest debate - Reagan was a better President than Obama: http://www.debate.org...
1Historygenius
Posts: 1,639
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 4:46:52 PM
Posted: 4 years ago
Its already 50-50!
"The chief business of the American people is business." - Calvin Coolidge

Latest debate - Reagan was a better President than Obama: http://www.debate.org...
DanT
Posts: 5,693
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 5:53:07 PM
Posted: 4 years ago
At 3/30/2012 4:46:52 PM, 1Historygenius wrote:
Its already 50-50!

2 people voted Keynes (face palm)
4 voted Austrian
"Chemical weapons are no different than any other types of weapons."~Lordknukle
DanT
Posts: 5,693
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 6:04:48 PM
Posted: 4 years ago
At 3/30/2012 1:05:45 PM, Lordknukle wrote:


Kinda biased but pretty awesome.

Watch it.

I'm not really a fan of rap

http://www.youtube.com...
"Chemical weapons are no different than any other types of weapons."~Lordknukle
lewis20
Posts: 5,093
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 6:05:29 PM
Posted: 4 years ago
At 3/30/2012 5:53:07 PM, DanT wrote:
At 3/30/2012 4:46:52 PM, 1Historygenius wrote:
Its already 50-50!

2 people voted Keynes (face palm)
4 voted Austrian

Bill Oreilly is one of the Keynes voters
"If you are a racist I will attack you with the north"- Abraham Lincoln

"Do not wear clothing woven of two kinds of material" - Leviticus 19 19

"War is a racket" - Smedley Butler
Lordknukle
Posts: 12,788
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 6:09:19 PM
Posted: 4 years ago
At 3/30/2012 6:05:29 PM, lewis20 wrote:
At 3/30/2012 5:53:07 PM, DanT wrote:
At 3/30/2012 4:46:52 PM, 1Historygenius wrote:
Its already 50-50!

2 people voted Keynes (face palm)
4 voted Austrian

Bill Oreilly is one of the Keynes voters


Mind=Blown.

I need to stop recording his shows.
"Easy is the descent to Avernus, for the door to the Underworld lies upon both day and night. But to retrace your steps and return to the breezes above- that's the task, that's the toil."
DanT
Posts: 5,693
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 6:11:07 PM
Posted: 4 years ago
At 3/30/2012 6:05:29 PM, lewis20 wrote:
At 3/30/2012 5:53:07 PM, DanT wrote:
At 3/30/2012 4:46:52 PM, 1Historygenius wrote:
Its already 50-50!

2 people voted Keynes (face palm)
4 voted Austrian

Bill Oreilly is one of the Keynes voters


So was Bush. Austrian economics is classic liberal economics. Bush and Oreilly are Traditional Conservatives. If they were liberal conservatives they may be for the Austrian school. Social Liberals are also for Keynesian economics.
"Chemical weapons are no different than any other types of weapons."~Lordknukle
lewis20
Posts: 5,093
Add as Friend
Challenge to a Debate
Send a Message
3/30/2012 6:14:56 PM
Posted: 4 years ago
My personal favorite, the guy currently running our economy, back in 2005 when specifically asked about a bust in the housing bubble, responded that he "doesn't buy the premise" that is he didn't think a housing crisis was possible...
"If you are a racist I will attack you with the north"- Abraham Lincoln

"Do not wear clothing woven of two kinds of material" - Leviticus 19 19

"War is a racket" - Smedley Butler