全 68 件のコメント

[–]grevemoeskrHumans are horses! 12ポイント13ポイント  (10子コメント)

Something something the economy is organic something something /u/Keynes_Hayek_rap

[–]Firstasatragedy[S] 10ポイント11ポイント  (9子コメント)

the sad thing is that the strawman keynes still has a better conception of the economy than that guy.

[–]say_wot_againConfirmed for Google bigwig 3ポイント4ポイント  (6子コメント)

The strawman Keynes isn't actually that strawmanned, I don't think. At least not in the second video.

[–]wumbotarianI want to be the Walrasian Auctioneer when I grow up 3ポイント4ポイント  (0子コメント)

And I can say for certain that they don't screw up the Hayekian biz cycle theory.

[–]Firstasatragedy[S] 2ポイント3ポイント  (1子コメント)

Really?

Where it goes, doesn't matter. Just keep spending going!

Not exactly an expert but that just seems ridiculous. I'm sure Keynes wouldn't advocate throwing your money in random directions.

[–]say_wot_againConfirmed for Google bigwig 7ポイント8ポイント  (0子コメント)

If the Treasury were to fill old bottles with banknotes, bury them at suitable depths in disused coalmines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of the repercussions, the real income of the community, and its capital wealth also, would probably become a good deal greater than it actually is. It would, indeed, be more sensible to build houses and the like; but if there are political and practical difficulties in the way of this, the above would be better than nothing.

Book 3, Chapter 10, Section 6 pg.129 The General Theory of Employment, Interest, and Money

Using money well is better than using money poorly, but in deep recessions Keynes would argue that obviously stupid spending would be better than no spending at all.

[–]PonderayFollows an AR(1) process 1ポイント2ポイント  (2子コメント)

The thing which annoys me more about the videos that they give the impression that the Kaynes/Hayek debate hasn't changed since the 30's.

[–]say_wot_againConfirmed for Google bigwig 0ポイント1ポイント  (1子コメント)

True. But then, Austrian business cycle theory hasn't been relevant since the 30s.

[–]PonderayFollows an AR(1) process 1ポイント2ポイント  (0子コメント)

I have trouble separating Russ Robert's views from the video itself. And he has a record of forgetting that we've gone beyond old Keynesism.

[–]whenfoom -5ポイント-4ポイント  (1子コメント)

You have no idea what my conception of the economy is.

[–]Firstasatragedy[S] 18ポイント19ポイント  (49子コメント)

RI. This is my first submission here so tell me I mess anything up.

Men should become aware of the many ways that the economy encourages us to NOT be leaders. When you encounter a problem, the economy doesn't want you to look inwardly to your creativity and resourcefulness. Instead, the economy wants you to look outwardly and ask, "What do I buy? Who do I pay?"

Ignoring the fact that business executives, owners, department heads, and a host of other positions of authority, many of which are in demand in the job market now, play a vital role in the functioning of any developed nation's economy, this oversimplifies demand and why it increases. Also, leaders and bosses are dependent on third parties/underlings all the time. Corporations hire outside lawyers from law firms to work their cases. Similarly, the president is very reliant on his advisers and department heads, if he tried micromanaging and doing everything at once he would fail miserably. Although people obviously want you to pay/hire them, the economy is not engaged in a vast conspiracy to get you to hire plumbers when you could fix the sink yourself.

Little do men know that the more we allow the economy to provide solutions in times of confusion and pain, the more dependent we become on the economy.

There's a lot to unpack here. Again, the economy is not some monolithic entity that provides goods and services just to deceive you and subsequently fuck you over in the long run. Also, during times and confusion and pain people "rely" less on the economy. I know it's basically impossible to rely less on the economy because it basically pervades every aspect of social life, but during a recession people generally spend less money to buy goods and services. See: The Great Depression. Lots of people learned how to make food for really cheap. As for the dependency issue, specialization is superior to jack of all trades. This is basically why free trade works. We are much more productive as a society because one person takes the job of doctor, another carpenter, another mayor. If we tried to do all those things for ourselves we would be terrible at it and nobody would want to hire us.

And the more dependent we are, the less attractive we are. One of the side of effects of too much dependency: simulated sterilization.

Really? Does a person get uglier when they finally qualify for social security? Is your woman gonna leave you because you hired a mechanic to fix your car? Finally, there's no logical reason for concluding that too much dependency=sterilization. Humans are a social species and our infants and children have the longest periods of dependence of any animal species. Furthermore, men are dependent on women for producing offspring and vice versa. Granted, this is an argument that dependency to some degree is beneficial, not that too much isn't bad, but in general as the world has become more globalized and nations have had rely on each other more and more for trade, wars and other violent political conflicts have decreased. Wars and other violent political conflicts lead to getting people killed or having their dicks or hoo-hahs blown off which is even worse than "simulated" sterilization.

Consider how NO ONE looks like a leader while on their phones. No one looks sexy, mature, or independent. Phones are playpens. And the more time you spend in the playpen, the more childlike you become. Children are never leaders.

nah

[–]LegSpinner 23ポイント24ポイント  (12子コメント)

Consider how NO ONE looks like a leader while on their phones. No one looks sexy, mature, or independent. Phones are playpens. And the more time you spend in the playpen, the more childlike you become. Children are never leaders.

Wat

There are times I can't even process some people's lines of thought. This is one of those times. That there are people out there who can believe things like this amazes me.

I've stayed out of TRP by its reputation alone, but maybe I'm missing out in the same way one misses out on seeing wild animals by not going to the zoo.

[–]EveRommel 16ポイント17ポイント  (2子コメント)

Its like the White nationalist movements with less hitler

[–]YourFriendlyGhost 0ポイント1ポイント  (1子コメント)

White or male? I haven't a faintest clue what it really is but haven't seen racial aspect being mentioned before.

[–]TitusBluth 6ポイント7ポイント  (2子コメント)

Is your woman gonna leave you because you hired a mechanic to fix your car?

This is TRP. I wouldn't be surprised if that was the argument.

[–]Firstasatragedy[S] 4ポイント5ポイント  (1子コメント)

Check out his reply to me, lol.

[–]TitusBluth 4ポイント5ポイント  (0子コメント)

You mean the wall of text that vaguely resembles a motivational speech as delivered by Gabriele D'Annunzio?

[–]YourFriendlyGhost 3ポイント4ポイント  (0子コメント)

the economy wants you to look outwardly and ask, "What do I buy? Who do I pay?"

My response to things like that, be it any source, is often to just shut my laptop, take a deep breath and drink something, realize that world isn't all doomed yet.

You come across supposedly "deep" philosophical questions like these all the time, I even remember a double gilded comment from a "political theorist", it failed econ 101, like the first page you read in high school.

edit: derp, shit english.

[–]Keynes_Hayek_RapFear the Boom and the Bust 7ポイント8ポイント  (0子コメント)

The economy's not a car, there's no engine to stall. No expert can fix it, there's no "it" at all. The economy's us, we don't need a mechanic! Put away the pitchforks, the economy's organic!

[–]SnapshillBotPaid for by The Free Market™ 1ポイント2ポイント  (0子コメント)

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[–]Logseman 0ポイント1ポイント  (0子コメント)

Let me plug /r/TheBluePill real quick, where we do this sort of exercise daily.

[–]TotesMessenger 0ポイント1ポイント  (0子コメント)

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