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  1. J

    Interesting: Krugman gets into fisticuffs...

    All that is misleading. First, there was no MACRO increase in savings that led Keynes to his stupid theory. Also Savings is a component of consumption. You people talk like savings=burning money. Saved funds just change hand in the economy, they do not sit idle or disappear. SAVINGS=FUTURE...
  2. J

    US Capitalism has failed.

    How about remaking our capitalist model. End mergers, corporate welfare, deficit spending and monetary debt. How about that ah??? And is just a beginning.
  3. J

    BUBBLECONOMICS is the problem. Face it!!!!

    What part about business cycles didn't you understand?? bubbles mean inflation in value..........overvalued stuff lead to lower yields on investments and will soon collapse.
  4. J

    US Capitalism has failed.

    One guy said this many years ago: "Give control of a country's money supply and I care not who makes the laws"
  5. J

    BUBBLECONOMICS is the problem. Face it!!!!

    ECO 101 is available at community colleges.
  6. J

    BUBBLECONOMICS is the problem. Face it!!!!

    I agree with you..............but dont you think there is a strong relation on money value and money forms??
  7. J

    US Capitalism has failed.

    - Big companies (oligopolies) lack competition. -Mergers & mergers. -Debt monetary policy....excess of $$$$ -"China produces and we finance" -Over the last 4 decades economics is ruled by bubbles. -Huge deficit spending at all government levels. - Most expensive wars in...
  8. J

    Interesting: Krugman gets into fisticuffs...

    As Albert Einstein said: "Any intelligent fool can make things bigger and more complex... It takes a touch of genius - and a lot of courage to move in the opposite direction." "Great spirits have always encountered violent opposition from mediocre minds" All economics based on Keynes...
  9. J

    Interesting: Krugman gets into fisticuffs...

    I just wonder WTF gave him a novel prize.
  10. J

    The joys of socialized medicine:

    It worked great for Cuba.
  11. J

    The Elite of the ET Economics Forum: Discussion Thread

    Maybe we could create forums for various schools of economic thought.
  12. J

    The Austrian parody of Economics Forum

    The only success of the Austrian is to be critical about Keynes Economics. Without Keynes they are nothing.
  13. J

    45 Percent of World's Wealth Destroyed....Blackstone

    I have been saying just that plus the fact that huge amounts of real wealth has changed hands.
  14. J

    Time to standardize the CDS market just like options

    I would have both practices abolished.
  15. J

    Canadian Prime Minister Harper: "Reckless U.S. consumers caused recession"

    Excellent. Let me just add that I really hope you are wrong about the last sentence.
  16. J

    Politics and Economics....Oil and Water....

    I think politics is H2 and economics is O. You cant separate them in real life.
  17. J

    Sick article on Derivatives......

    Thank you for the article it was really good.
  18. J

    45 Percent of World's Wealth Destroyed....Blackstone

    I dont think we are on the same page. Get more information about business cycles and winners vs. losers during these periods.
  19. J

    45 Percent of World's Wealth Destroyed....Blackstone

    Wealth is never destroyed. It is just transferred. Stolen as some people are now buying assets under priced. What you guys are talking about is just value, the asset itself has not been bombed in war or something like that. Let me point out that I am talking about real assets, not...
  20. J

    If Economics is an "empirical science".....Why do we call Keynesians Economists????

    Economics is a science as any other and should be taken as such. This article also proves that as a science Keynesians are just that............not economists. HAVE FUN http://mises.org/story/3369
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