Keynes or Friedman?

[Black Sunday]

Who is your favorite economist?

Discuss.

[JaneDead]

you first

[Black Sunday]

you first

<{POST_SNAPBACK}>

Jaohn maynard Keyens was the architect of modern socialism. So I don't like him. hell even he started to agree with Friedrich von Hayek before he died. LOL! (I know you, Dynomiiite, would get a kick out of that one).

My favorite economist is Edward C. Prescott

http://minneapolisfed.org/research/prescott/

[JaneDead]

i'm honestly clueless about all these people. not surprising, i am sure.

[Jarodaka]

Between Keynes and Friedman, I'd definitely have to say Friedman.

So...

Friedman.

I also recommend Henry Hazlitt's Economics in One Lesson -- a fine read.

[Troy Spiral (13)]

Having had my micro and macro economics 101 classes, and was a longtime subscriber to The Economist (and currently reading the libritarian rag Reason.), i still cant say i have ever given either of these guys a 100% fair shake.

I tend toward economic "Libretarian" Darwinism (my cartoon version of Friedman, and libertarianism in general) and veer away from the socialist view that everyone that exists is entitled to their share (at least minimal) of the collective money supply (my cartoon version of Keynes). I think pretty much everything i ever read about this guy is of the "he tried, was well intentioned, but nowadays most people dont think his ideas work all that well...." Sort of the "bridge between capitalisim and socialism that leans to far to the socalism side..."

Plus we are comparing a farily older-school , dead economist, who was active durring periods of economic depression (Keynes) to a modern still-alive economist, in an era of general prosperity (Friedman) which is a bit difficult.

If i was forced to pick i'd have to say Friedman but it would be a pretty un-educated choice on my part.

[TomCat]

I can barely balance my own checkbook. To hell with figuring out the supply-demand macro-micro babble rabble! :fear

[Black Sunday]

Plus we are comparing a farily older-school , dead economist, who was active durring periods of economic depression (Keynes) to a modern still-alive economist, in an era of general prosperity (Friedman) which is a bit difficult.

If i was forced to pick i'd have to say Friedman but it would be a pretty un-educated choice on my part.

<{POST_SNAPBACK}>

yes good point Troy. Didn't Keynes die in his 30's?

[Troy Spiral (13)]

yes good point Troy.  Didn't Keynes die in his 30's?

Lazyness currently precludes me from finding out heh. (and from good spelling)

[Jarodaka]

Thread necrophilia?

Keynes lived from 1883 - 1946, or about 63.

Interesting article on Friedman's "Chicagoan" roots. I can't speak for the contents of the web site in general and also note the article was written in 1971. Friedman's views have seemingly changed since then and I can't say I've done a thorough historical analysis of his writings. It is still interesting to note his intellectual beginnings.

[Black Sunday9]

Thread necrophilia?

Keynes lived from 1883 - 1946, or about 63.

Interesting article on Friedman's "Chicagoan" roots.  I can't speak for the contents of the web site in general and also note the article was written in 1971.  Friedman's views have seemingly changed since then and I can't say I've done a thorough historical analysis of his writings.  It is still interesting to note his intellectual beginnings.

<{POST_SNAPBACK}>

wow thanks Jarod for that, though I disagree with the conclusion of the author. Read Friedman's books, he IS a free market globalist......and also if you read Keynes it is obvious that even he lightened up towards the end of his life, economist change with the times, for example FDR's brand of tax and spend was necassary in the depression era but not in 2005. That's a simplification but I don't have alot of time to break it down now. Thanks for the article though.