POST YOUR FAVORITE ECONOMIST

>(((Friedman)))
>White
I'm Jewish btw.

>Child abuse is a ok

Minksy. You want to understand booms and busts? You need to understand Minsky Moments.

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milton friedman ruined the economy of sweden for a whole decade

Blessed are the poor in spirit, for theirs is the kingdom of heaven. (Matthew 5:3)

jews are white

unless its due to matrilineal miscegenation

look into Friedman, Rothbard, Mises, Smith, Hayek, Ricardo, Malthus, Marshall, and as user already mentioned Bastiat as well
fuck off rothbardian pedo

GOOD FUCKING GOY

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>all of those jewish names

yes goy, destroy your labour union movement to increase profits for your slave masters! its the free market goy!

Economics is the dismal science

fuck off you right wing communists, back to /pol/

Not my favorite, but reading one of his books right now.

what a bunch of good intellectual goys on this thread

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Dont think so dude. I'm a distributist. Everyone in crypto is by default.

/leftypol/ wya

You’re all plebs

>distributist
I want to flip something of value for as much margin as I can. Crypto to me is like selling stocks or my time as labor. I get the best deal I can or I don't do it.

Explain why you are not retarded.

What are you talking about commie?

I fuggin love Hayek

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Why the fuck would you like a monetarist? He would be explicitly opposed to crypto currencies.

Carl Menger

>having a favourite economist

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god damn it i was too late. and my jpeg looks like shit.

I'm a Communist("big C") but I'm passionate about crypto(IOTA especially) because I love the tech.
I think IOTA will be a solving a lot of problems in the world within the next decade. I don't care about getting rich, I'll donate it away anyway.

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Friedman would love Monero

there are dozens of us

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u sure?

youtube.com/watch?v=onn34J74dnU

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He has good economics knowledge

Please tell me that bus ran him over.

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Atlas is shrugging.

> u sure?
Yes. He was a monetarist opposed to taxation but in support of money printing at a rate pegged to economic growth, which thus requires a centralized currency.

what a fucking disgrace this guy is.
how can anyone take anything he has ever done seriously

>'m-muh all government intervention and government expenditure is bad! Look at how terrible Japan, South Korea, China, Malaysia and Singapore is!"

man Veeky Forums is full of uneducated casuals.

Based.

don't bother user. They probably think he is socialist. They dont have any concept of the micro fundamentals especially nonrival/non excludable goods, imperfect competition externalities etc etc. They dont want to learn either.

exactly. Few people realize the almost flawless combination of a rather free market with government expenditure in infrastructure and R&D education, and policies that benefit their own country the most. It's a proven model that has turned literal third world shitholes like 1960's South Korea and Singapore into the countries they are today in a generation, and also pic related

Keynes wasn't a socialist, but he was a degenerate which is a symptom of his extremely high time preference. This also explains his fundamentally flawed Macro theories theories that were proven wrong with disinflation.

>It's a proven model that has turned literal third world shitholes like 1960's South Korea and Singapore into the countries they are today

Countries went from having very little economic freedom, to having freer markets economically improved. You insinuate that if they then got even more economic freedom that the trend would suddenly reverse.

Those countries are also trash even today, by the way.

>exactly. Few people realize the almost flawless combination of a rather free market with government expenditure in infrastructure and R&D education, and policies that benefit their own country the most.
Well the reason that worked miracles in asia is what we call the "big push model" which Ill simplify out of laziness. But basically there are two market equilibriums. One is the current one. And one is a potential "developed" one in shithole countries. Basically if any one industry tries to modernize you get pulled back to the shit equilibrium because they would rely on modern sectors and a customer base to support them, that dont exist. Samsung couldnt just pop up in haiti all of a sudden and succeed. So they need to all have a coordinated "push" to modernity that asian governments helped in. A lot of this has no value in the developed world. However government is needed to promote efficiency in some instances, and supply public goods (non rival non excludable) as well as shit like education. But an SK or China model wouldn't help us.

Henry George because he advocated for replacing all taxation with a simple tax on land values.

and on that note Im nominating Paul Rosenstein-Rodan

>Countries went from having very little economic freedom, to having freer markets economically improved.
That's exactly what these countries did. But they had to have some government policies that made them benefit the most out of the free market. They also needed high state revenues to embark on their ambitious infrastructure programs.
>You insinuate that if they then got even more economic freedom that the trend would suddenly reverse.
No, but you seem to not understand what keynesian economics does in the first place. They are mostly to reverse a recession.
>Those countries are also trash even today, by the way.
top kek

Thanks, nice read

Why lmao? Do you know how many (((economics))) books do you have to read in order to buy and hold btc? none!

Economics serve no purpose to us when we can get rich by posting memes.

As you also said, in the case of SK, the chaebols were actually coordinated by the government on what they should manufacture for the people and foreigners to use.

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didn't know danny devito was an economist....

this, everyone listing (((economists)))

Hahaha holy fuck ancaps are stupid

no argument

just a statement of fact user.

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Have a nice time replacing objectively beneficial government regulation with tyranny of unaccountable private corporations.

Capital Vol 1 is baller. Honorable mentions: Kevin Carson, Josiah Warren, Alfred Marshall, David Ricardo

my post didn't even imply ancap, but simply that there is no evidence that those crappy asian countries have reached the point where more economic freedom would start to become a negative.

It's possible that there is a point where more economic freedom would stop being a benefit and start becoming a negative, but those crappy asian countries, nor any country actually, has reached that point.

Marx had a lot of useful and interesting things to say. It's a shame he gets made into a caricature and misrepresented by people who've never read him.

>bizraelis don't even know who this guy is

You're objectively a cuck.