Discover and read the best of Twitter Threads about #keynesian

Most recents (3)

Largely because (a) the injections functioned differently last time as it was primarily a financial seizure, not a real one; (c) the real assets which did deflate -RE- are the very ones which have since most risen in price (“inflated”); (d) intl division of labour then undamaged
Somewhat risible to say no fiscal response last time, even if this one is shaping up to dwarf it. That’s just #Keynesian dinosaurs trying to say only their Master’s nostrums can work.
Worry is, we redo the 30s: lacklustre growth as too big a Boondoggle state exploiting its edge.
The state runs only the softest of soft budgets, is the most wasteful, least productive, most monolithic, least innovative of spenders. Backed up by a compliant #centralbank -monetary ‘authority’ is now a joke!- that implies lots of (misdirected) demand for not much extra supply
Read 7 tweets
Let's get one thing straight, right now, OK? #JohnMaynardKeynes was not a #socialist. He was a conservative economist called upon to develop govt policy during the Great WWI 1917 & into the Great Depression 1929 - 1936 with British world #capitalist establishment & #USPOD #FDR
He came up with clear thinking on how to deal with #depression. His model called #macroeconomics had nothing to do with the masses, unless of course you are referring to the ability of the poor to spend money on their #Consumption, given to us be their need to survive.
.#Macroeconomics was(is) a model of the economy that says if you want2 take on the inability of #capitalism to destroy itself from its basic #ripoffmentality which we are seeing so clearly at present you have to stand back & look at the economy as a whole, not its various parts.
Read 17 tweets
HSR: Keynesian vs. Fiscal Conservatives

Ditulis oleh Ayman Rashdan Wong
(Ini adalah untaian)
Silakan retweet dan like
#Keynesian #Japan #Malaysia #Shinkansen #Ekonomi #Sejarah #Jepun #bullettrain
Den perhati je orang debat pasal HSR di alam maya. Den tak ambil port sangat, sebab den tahu perdebatan ini tidak akan selesai dalam masa 2-3 hari.
Perdebatan ini sebenarnya melambangkan pertembungan dua fikrah ekonomi yang berbeza: satu mementingkan penggunaan perbelanjaan defisit (deficit spending) untuk merangsang ekonomi, satu lagi menekankan perbelanjaan berhemah (austerity) untuk tujuan kemapanan ekonomi.
Read 17 tweets

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