Saturday, March 16, 2013

Lord Keynes — Murphy on Keynesianism and Great Recession


Lord Keynes calls in Rothbardian Huerto De Soto and Friedrich Hayek to refute Robert Murphy's "refutation" of Keynesianism.

Social Democracy for the 21st Century
Murphy on Keynesianism and Great Recession
Lord Keynes

3 comments:

JK said...

Lord Keynes the Austrian Slayer

marris said...

I dunno. He seems like a louse. Rather than contribute to conceptual understanding, he just cites conflicting scripture. And his empirical citations don't always pass the smell test. And since when is ignoring the circus of "post Keynesian" economics a valid response to a criticism. If LK thinks there's some relevant PK *idea* that Murphy is missing, then he should discuss that idea.

Give me srw over LK any day of the week. interfluidity teaches a lot more, with a lot lower grand-standing tax.

Tom Hickey said...

I dunno. He seems like a louse.

Attack the messenger?