Vilageidiotx

Spam, entertain me.

Well, the event ended roughly 16 hours ago. Thanks.

@VarionusNW

sit down and we'll get you some more memes.

Guess the next user's kink.

You know when there is something vaguely sexual in a movie or on tv because my mother always starts chanting "That's not necessary. That's not necessary!" Seems like that would be hella distracting in real life, so I'll probably settle for somebody else's parents.

How about in a field of corn, with a really hot farmer's daughter, but surrounded by scarecrows with Steve Buscemi's face staring down at you in twisted judgement?

Spam, entertain me.

Spam, entertain me.

Precipice of War - We Write Under The Sign Of The Goat

I make post.

Enjoy its raw goodness.

@Dinh AaronMk

holy fuck i thought posts were dead forever

Spam, entertain me.

Guess the next user's kink.

Meow!

North Korea?

Have you ever changed your mind about one of those big issues?

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Because Keynesians were elected.

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The fiscal and monetary practices espoused by Keynes allow for a wide range of different policies from across the political spectrum to be conducted, whereas maximizing or minimizing state involvement in the economy presents a more definitive tone and allows for a less diverse policy range. In other words, pretending to be Keynesian allows you to act more dishonestly and stick with the political whims of the day, rather than having a spine.

@The Nexerus

They aren't just the most often elected, that movement also holds a dominant role is economic academics. And it really seems like a cop-out to say the dominance of this theory is because they simply aren't purist enough. That's the cult-like scent that drove me from the Free-Market folk to begin with.

electronic commerce. eBay being the prime example, but speaking of prime, Amazon, aka the largest retail entity in the world.

@mdk

Neither of those are economies within themselves, but rather shops that exist within economies just like any other shop. And if the internet is what you mean in a general term, it proves the thesis I presented that started this discussion; that the free-market is an inherently unstable system.

Also corruption is a lot harder to conduct when the invisible hand just does its own thing. Better for them to BE the invisible hand.

That only works so long as your definition of corruption is limited to the actions governments, which is the semantic version of cheating really. Even Adam Smith, the guy who coined the phrase 'Invisible Hand', didn't ignore this detail, creating really his most quotable quote in addressing it.

“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”

Have you ever changed your mind about one of those big issues?

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Government policy is almost never determined purely ideologically. The reasons for this are as numerous as they are well-known and for that reason you probably don't need me to list them, but just for presentation's sake I'll name drop special interests.

@The Nexerus

Okay, lets put special interest aside then. Why is it that varieties of Keynesian economics have dominated since the depression, all of them advocating government intervention in some forms?

Have you ever changed your mind about one of those big issues?

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This paragraph's telling of events represents the polar opposite of observable reality and is written in complete disregard for every historical example and mathematical model of market activity ever studied, created or interpreted by every single economic school of thought within and without orthodoxy; alternatively, it may depict the economic forces involved in a parallel universe.

Business cycles become more turbulent when market forces are intervened upon.

@The Nexerus

If this is true then why does nobody ever take it into practice? I know free market rhetoric is popular, but these same school never seem to take the next step in practicing it. That there are interventionist steps that shouldn't be taken isn't something anyone is going to argue with, and that degrees or styles of intervention are debated is true, but where are the total non-interventionists? Where this supposed absolute free market, where is the examples of truly free markets absent of tariffs or subsidy that prove the rhetoric?