5 ms·
Until you can get a bullet in your head for questioning him, like always.
by mbg721 4y ago
Until you can get a bullet in your head for questioning him, like always.
- cjbgkagh 4y agoIt is a brave soul who gets in the way of massive government spending.
- culi 4y agoWhat are you saying? You know what replaced Keynesian economics in the 70s? Monetarism in the vein of Milton Friedman The same Milton Friedman that, along with the rest of the Chicago Boys, guided the policies of Augusto Pinochet. Generally regarded as one of the most brutal dictators South America has ever faced...
- kgwgk 4y ago[flagged]
- andrekandre 4y ago> You know who became vegetarian because of his concern for animal suffering? Hitler citation please (like, with non-hearsay evidence)
- kgwgk 4y ago[flagged]
- colinmhayes 4y agoPinochet's economic policies were regarded as extremely successful, basically his turn around of the economy is what allowed him to be so brutal to his political enemies. Unfortunate, but it's hard for me to say the chicago boys actions in Chile can be regarded as failure.
- notahacker 4y agoWhat allowed him to be so brutal to his political enemies is that he commanded the army. The economic reforms came after the coup d'etat and suppression of the opposition not before. And they were far from smooth sailing: ironically Friedman coined the idea of a "Miracle of Chile" in an article at the beginning of 1982, shortly before Chile was plunged into a deep recession. Either way, the comment further upthread ranting about Keynes was weird considering that Keynesianism really didn't involve shooting people, and whilst the ideologically opposed Chicago School policy didn't either, it was famously most faithfully implemented by a military junta Friedman himself had plenty of time for.
- culi 4y agoThere have been plenty of dictators that have been able to be ruthless efficient with their suppression of their people that had nothing akin to free markets (Russian tsars, Genghis Khan, certain dynasties in Japan, etc) An effective government isn't evidence of anything. You forget that the most productive economy the US has ever had was during WW2. When the government basically took complete control over almost every aspect of production to make sure everything went to the war effort. Does it work? Yes. Does it mean it's a "good economy"? I don't think I'd wanna live in such an economy personally