How Fake Money Saved Brazil (2010)

Re:How Fake Money Saved Brazil (2010) by cloakandswagger on Saturday September 03, 2016 @11:35AM (#12419573)

It is completely subjective, but it's also obvious that the Keynesians won that battle a long time ago. Go into any classroom, economics conference, FOMC meeting, etc. Keynesian theories enjoy the status of being unassailable, objective facts. Austrian and other schools of thought are mocked, derided and dismissed wholesale.

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Re:How Fake Money Saved Brazil (2010) by digi_owl on Saturday September 03, 2016 @12:22PM (#12419766)

If you have actually checked out Steve Keen's presentations and/or writing you would have learned that what is being presented as "Keynesian economics" is more correctly "Samuelsonian economics". This after Paul Samuelson that sat down and basically rewrote everything Keynes to fit it into the very economic models that Keynes was attacking.

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Re:How Fake Money Saved Brazil (2010) by ci5er on Saturday September 03, 2016 @04:17PM (#12420969)

I don't much follow salt-water economics, but is that true? That Keynesians think they are actually right?

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Re:How Fake Money Saved Brazil (2010) by nsp on Sunday September 04, 2016 @12:20AM (#12422665)

Yes. - Keynesian economics major

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