Post by NFA on Nov 18, 2020 2:09:10 GMT 8
“Bold and pretentious statements abound”
Posted on 11:55 pm, November 17, 2020 by Steve Kates
I like the cut of Steve Kates jib and have since I first started to read his stuff on Catallaxy Files. catallaxyfiles.com
I love the way he shoves it up the left and right nostril of every University trained ignorant economic pig and inherently proves the waste of time of a university education!
Fortuitously and nearly unbelievably somewhere along the line Professor Kates read the works of John Stuart Mill's Principles of Political Economy first published in 1848 and to compound Kates' apostasy he read of and studied Say's Law! A Treatise on Political Economy (Traité d'économie politique, 1803)
If you go to the communist wikipedia page for Say's law you will find a quote from Steve Kates as follows,
Steven Kates, although a proponent of Say's Law, writes:
Before the Keynesian Revolution, [the] denial of the validity of Say's Law placed an economist amongst the crackpots, people with no idea whatsoever about how an economy works. That the vast majority of the economics profession today would have been classified as crackpots in the 1930s and before is just how it is
Before the Keynesian Revolution, [the] denial of the validity of Say's Law placed an economist amongst the crackpots, people with no idea whatsoever about how an economy works. That the vast majority of the economics profession today would have been classified as crackpots in the 1930s and before is just how it is
Now Professor Steve seems to think that former Liberal Party of Australia Treasurer was a good bloke with economics. I think he as well as John Howard were and are a pair of fuckwits actually and the only thing that John and Peter ever did was to stuff Australia, grandly.
Lawyers all.
Now Keynes was and is an ignorant fucking dilettante.
He didn't care who or what he fucked.
Just like the ignorant economists of today, and unlike Mill and Say, none of them, not a single Keynesian Krugman has ever done a day's work in their lives.
They live in fantasy land in their twisted and warped university educated minds!
And these are The Bureaucrats that rule our lives.
Get Fucked You Dumb Cunts.
Get your own food keynesian economists
If you even know how you poor dumb bastards.