Monday, June 25, 2018

Lars P. Syll — Nonsense is nonsense

Great Keynes quote that bears repeating until it is no longer necessary to do so. There are various ways to do this, and a job guarantee is an obvious one in a capitalistic system.

Lars P. Syll’s Blog
Nonsense is nonsense
Lars P. Syll | Professor, Malmo University


AXEC / E.K-H said...

The hidden snag of Keynesianism:
Public Deficit = Private Profit

Keynes, Lerner, MMT, Trump and exploding profit

Egmont Kakarot-Handtke

Ryan Harris said...

The spoils of fiscal go to the largest contributors

Matt Franko said...

Just take the ‘sense’ (thesis) and the ‘nonsense’ (antithesis) and synthesize them and you’re good to go no?

You can’t employ the dialectic method without retaining some of the nonsense in the result of the synthesis...

“is financially ‘sound’ to maintain a tenth of the population in idleness for an indefinite period, ”

It’s only 10% in idleness what is the big deal? It could be 50% if the sense and nonsense split the difference..

Matt Franko said...

“The relation between the three abstract terms of the triad, also known as the dialectical method, is summarized in the following way in the Encyclopedia of Sciences and Religions:

(1) a beginning proposition called a thesis, (2) a negation of that thesis called the antithesis, and (3) a synthesis whereby the two conflicting ideas are reconciled to form a new proposition.[3]”,_antithesis,_synthesis

Matt Franko said...

combination or composition, in particular.
the combination of ideas to form a theory