3 ms·
A man whose 1960s ideas were ideal for the seventies and helped destroy our economic system in the 1990s while enabling the billionaire winner take all society
by billiam 6y ago
A man whose 1960s ideas were ideal for the seventies and helped destroy our economic system in the 1990s while enabling the billionaire winner take all society of today.
- pessimizer 6y agoHonoring a man who never got anything right. A man whose predictions were never bore any material fruit, but justified everything billionaires were going to do anyway.
- hindsightbias 6y agoAfter the stimulus bills of 2020 one would think everyone is a Keynesian (maybe excluding Rand Paul, he probably voted against it).
- dragonwriter 6y agoThe 2020 COVID relief wasn’t as much argued on Keynesian stimulus terms as, say, the 2009 ARRA stimulus, but more as disaster relief.
- hindsightbias 6y agoThey just don't want to use the K word.
- imtringued 6y agoIt goes both ways. The government closed businesses, but also gave them resources to stay in business. You can argue it was Keynesian, but you can also argue it wasn't. However, pretty much everything Biden did, was Keynesian.
- dang 6y agoSubstantive critique is welcome, but please don't post rhetorical ideological drive-bys to HN. It leads to shallower, more repetitive, and nastier internet discussion—all of which is uninteresting. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html