Thursday, November 4, 2010

Obama = Keynesian, or is that Kenyan?



HAT TIP: HOT AIR

This is too funny for words. And these people would be among the first to ridicule Sarah Palin and George Bush; and consider that Tea Party supporters are poorly educated dolts.

They know that free markets don't work, think the idea is stupid and yet have probably never heard of Frederic Bastiat, Karl Menger, Ludwig von Mises, Frederick Hayek, Murray Rothbard, or Milton Friedman. Obviously many have not heard of one of the most influential - unfortunately - economists of the 20th C: John Maynard Keynes, nor probably have they heard of Paul Samuelson one of Keynes foremost supporters, writer of one of the most successful textbooks in Economics, and mentor to Paul Krugman (now of NYTimes fame).

And yet I'm stupid and laughably ignorant for being a supporter of limited government and the free market.

4 comments:

Anonymous said...

You may not be ignorant but your worst. YOUR a racist appologist for a corporate-fascsist state.

The Classical Liberal said...

What does being an advocate of limited government and free-markets have to do with being a "racist appologist for a corporate-fascsist state?"

Explain how one leads to another?

GLM said...

At least Classical Liberal can spell.

Anonymous said...

This is a funny video. thanks for posting.

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