@lori @randomgeek The structural change was #Congress passing #Keynesian laws in the #1970s to more directly intervene in the #economy. They were responding to increased #inflation and #unemployment, exacerbated by the 1973 oil embargo.
The resulting decades of whipsawing booms and busts came with quicker cycles of hiring binges and #layoffs.
#congress #keynesian #1970s #economy #inflation #unemployment #layoffs
@pkrugman used to joke that the best possible thing for the economy would be an invasion by Martians as a large war is the only thing taht gets gov't to spend at the needed level
but climate change is good; billions in Gov't spending is a good thing !! #keynes #keynesian #stimulus
Why Paul Krugman is wrong: Austrian Economics vs Keynesian Economics | Saifedean Ammous #AustrianEconomics #Austrian #KeynesianEconomics #Keynesian #economics #SaifedeanAmmous #PaulKrugman #MacroEconomics
https://www.youtube.com/watch?v=GUvTJ0xy74c
#austrianeconomics #keynesianeconomics #keynesian #saifedeanammous #paulkrugman #austrian #economics #macroeconomics
@Hamishcampbell
Not bad at all.
It was easy to see who the #Keynesian #deathCultist and who the #degrowth and #steadyStateEconomy proponent was. #sse
If they talked a bit about where they thought bitcoin sat in amongst all this theory, it would have been perfect.
They characterised #Nixon as #uncooperative (?). Could've gone a bit further and called him militaristic, #hawkish, etc. It was the #debts to #France re VietnamWar that sent #GoldStandard packing.
Interesting re #1962!
#keynesian #deathCultist #degrowth #steadyStateEconomy #sse #nixon #uncooperative #hawkish #debts #france #goldstandard #jfk #war
If you want a crash course in #economics replace the word 'love' with '#growth' and 'kiss' with '#bailout', in Palmer's 1986 song — it describes #Keynesian economics surprisingly well.
If anyone wants an explanation of Keynesian vs #AustrianSchool economics, feel free to ask.
#economics #growth #bailout #keynesian #austrianSchool #robertPalmer #AddictedToGrowth #AddictedToLove
When he's not too occupied selling #ModernMonetaryTheory, we absolutely love hearing from #SteveKeen about his proposal for booting out all the crusty #Keynesian #economists from #universities and #thinkTanks.
His understanding of the impending #environmental issues and #collapse is undeniably precise too.
We don't share #AmazonSoundcloud links on Fedi. If you use Tor (tell us the banner she is holding when you open Tor) and we'll supply a link to you.
#modernmonetarytheory #stevekeen #keynesian #economists #universities #thinktanks #environmental #collapse #AmazonSoundCloud #breakdown #westernCivilisation
When he's not too occupied selling #ModernMonetaryTheory, we absolutely love hearing from #SteveKeen about how his proposal for booting out all the crusty #Keynesian #economists from #universities and #thinkTanks.
His understanding of the impending #environmental issues #collapse is undeniably precise too.
We don't share #AmazonSoundcloud links on Fedi. If you use Tor, tell us the banner she is holding (when you open Tor) and we'll supply a link to you.
#modernmonetarytheory #stevekeen #keynesian #economists #universities #thinktanks #environmental #collapse #AmazonSoundCloud #breakdown #westernCivilisation
@Ahuka
Nice to see someone else talking about #Keynesian #criminality. :)
@dredmorbius
Keynesian is a very fancy way of saying “#cheatingPeople".
#keynesian #bankerCrimes #robbingTime #theft #counterfeiting #counterfeitti #moneyPrinterGoDrr #keynesianism #whyBitcoin
#cheatingPeople #keynesian #bankerCrimes #robbingTime #theft #counterfeiting #counterfeitti #moneyPrinterGoDrr #keynesianism #whyBitcoin
#MalAdjusted — Its a word they use.
Well, there are some things, many things in fact, in this system that we can say we are proud to be maladjusted to.
Paraphrasing from Dr #MartinLutherKing.
#warCrimes #micimatt #militaryIndustrialComplex #intelligencia #forcedMedia #forcedNews #keynesian #moneyPrinter #corporatism #cronyism #jeffreyEpsteinClass #thinkTanks #freeAssange
#MalAdjusted #MartinLutherKing #warcrimes #MICIMATT #militaryindustrialcomplex #intelligencia #forcedMedia #forcedNews #keynesian #moneyPrinter #corporatism #cronyism #jeffreyEpsteinClass #thinktanks #freeassange
Yanis Varoufakis at TEDGlobal>Geneva
"#Capitalism will eat #democracy — unless we speak up
Have you wondered why politicians aren't what they used to be, why governments seem unable to solve real problems? Economist #YanisVaroufakis, the former Minister of Finance for Greece, says that it's because you can be in #politics today but not be in power -- because real power now belongs to those who control the #economy. He believes that the mega-rich and corporations are cannibalizing the #political sphere, causing financial crisis. In this talk, hear his dream for a world in which capital and labor no longer struggle against each other, "one that is simultaneously #libertarian, #Marxist and #Keynesian."
December 2015
https://www.ted.com/talks/yanis_varoufakis_capitalism_will_eat_democracy_unless_we_speak_up/up-next?language=en#t-1179505
#capitalism #democracy #yanisvaroufakis #politics #economy #political #libertarian #marxist #keynesian