libertarians-and-stoya:

I mean Bernanke isn’t the Keynesian that Krugman is.

If anything, I’d put him up there with Mankiw and honestly Mankiw isn’t as unsufferable as Krugman is.

But yeah I mean Bernanke is just mainstream.  It’d be wrong to say he’s as Keynesian as other popular economists are.

Bernanke is a typical consumption-and-debt based Keynesian. Borrow money, spend money, don’t save too much, manipulate rates to get desired results. 

Krugman is borderline insane. Create bubbles to off-set previous bubbles? Economic impact of natural disasters is good? We need to prepare for an alien invasion that doesn’t exist in order to revive the economy? 

Krugman probably drives around smashing windows and slashing tires just to try and raise the GDP. The dude’s a radical. 

(via libertarians-and-stoya-deactiva)

laliberty:

sugashane:

Hurricane Sandy or a Fringe event in New York? 

There’s a metaphor here… maybe something about the prospects for liberty as an election looms near. And yet, when it’s all over and passed, the most substantive change would be the destruction left in its wake. Then again, such destruction - the many broken windows - will no doubt be spun by Krugman and other Keynesian buffoons as an economic boon to society.
Edit: Of course this image is fake, just like your illusion of choice on election day.

Keynesian Economists are already spinning this hurricane as an “economic stimulus”… ‘Frankenstorm Sandy Will Boost The US Economy’, ‘Hurricane Sandy: Ivy League deadlines; economic jolt from cleanup?’, ‘Could rebuilding after Sandy help boost economy?’, ‘Assessing Hurricane Sandy’s Impact on GDP Growth'…
Idiots like these run the financial systems that govern our economy. 

laliberty:

sugashane:

Hurricane Sandy or a Fringe event in New York? 

There’s a metaphor here… maybe something about the prospects for liberty as an election looms near. And yet, when it’s all over and passed, the most substantive change would be the destruction left in its wake. Then again, such destruction - the many broken windows - will no doubt be spun by Krugman and other Keynesian buffoons as an economic boon to society.

Edit: Of course this image is fake, just like your illusion of choice on election day.

Keynesian Economists are already spinning this hurricane as an “economic stimulus”… ‘Frankenstorm Sandy Will Boost The US Economy’, ‘Hurricane Sandy: Ivy League deadlines; economic jolt from cleanup?’, ‘Could rebuilding after Sandy help boost economy?’, ‘Assessing Hurricane Sandy’s Impact on GDP Growth'…

Idiots like these run the financial systems that govern our economy. 

(via laliberty)

lalibertarienne:

Bastiat would weep

Krugman is a holds a Masters degree in Trolling Economics. 

lalibertarienne:

Bastiat would weep

Krugman is a holds a Masters degree in Trolling Economics. 

laliberty:

konacoco:

antigovernmentextremist:

I love when LALiberty’s photo makes the rounds on tumblr.

It’s gotten 400 upvotes on r/Libertarian, too.

Ha. And my original post sits with a paltry 77 notes.
I remember when I took this picture, my wife found me and said something along the lines of “Who spends five minutes in the philosophy section laughing hysterically by themselves?”
I was on vacation and only days away from this and this in places where people drive on the wrong side of the road and coconuts are used as cocktail containers… So I was in high spirits.

Perfect. 
I should one day post about why Keynesian wasn’t as crazy as some of us Austrian’s believe. 
His ideas might be what we blame today mostly because they are the root of all our problems, but in a vacuum, Keynes’ philosophy was brilliant in a way. I don’t advocate it, but it was brilliant in the same way Marx was brilliant. 
I’ll stop there before anyone gets the wrong idea about me.  

laliberty:

konacoco:

antigovernmentextremist:

I love when LALiberty’s photo makes the rounds on tumblr.

It’s gotten 400 upvotes on r/Libertarian, too.

Ha. And my original post sits with a paltry 77 notes.

I remember when I took this picture, my wife found me and said something along the lines of “Who spends five minutes in the philosophy section laughing hysterically by themselves?”

I was on vacation and only days away from this and this in places where people drive on the wrong side of the road and coconuts are used as cocktail containers… So I was in high spirits.

Perfect. 

I should one day post about why Keynesian wasn’t as crazy as some of us Austrian’s believe. 

His ideas might be what we blame today mostly because they are the root of all our problems, but in a vacuum, Keynes’ philosophy was brilliant in a way. I don’t advocate it, but it was brilliant in the same way Marx was brilliant. 

I’ll stop there before anyone gets the wrong idea about me.  

(via laliberty)