[lbo-talk] Anybody catch the "Great Debate last night? Scarborough v Krugman

c b cb31450 at gmail.com
Tue Mar 5 05:16:51 PST 2013


KM: Good morning "Merry Faux Socialists"! Anybody catch the "Great Debate last night? Scarborough v Krugman - or this morning's repeat parti'duo on morning Joe? Reminds me of the old "saw" - "Never start an argument with a man who buys ink by the barrel and paper by the tonne - you can't win" So in the interests of economic education since his name was being casually thrown against a wall repeatedly by "Joe" I give you 4 from John Maynard Keynes - These are the things he actually did say BTW ... LOL

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe them-selves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”

“It is better to be roughly right than precisely wrong”

“In the long run, we're all dead.”

“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.”

I'll give you $1 dollar tomorrow for a hamburger today - moi Like · · Unfollow Post · Share 4 people like this.

Charles Brown We can be sure Krugman knows more about Keynes than Scarborough, but it's good if "Joe", the Conservative, is talking about Keynes. On our way to "all Keynsians, now" again ?



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