Least Keynesian President (Since 1945)

[Free Trade is managed by the invisible hand.]

In general presidents have become more Keynesian in a monetary sense, but I wouldn't be so sure when it comes to government spending.

[Frink]

In general presidents have become more Keynesian in a monetary sense, but I wouldn't be so sure when it comes to government spending.

I don't think that any president has every really had a pure Keynesian Economic Policy, although admittedly FDR during WW2 (and the New Deal to a much lesser extent) came very close.

[Derek]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

[King]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

Despite being used by every country outside of the third world.

[fezzyfestoon]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

Uh...what?

[King]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

Uh...what?

Derek did a lot of acid during the sixties 60 Minutes' piece on Keynesian economics.

[Frink]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

I wish I could be as close-minded as you.

[Derek]

America has rejected him that economic theory. I knew right away when my professors advocated Keynesian economics that it was bad news.

I wish I could be as close-minded as you.

I'm open minded, just not GULLIBLE!

[Derek]

Just because I listen to what someone has to say doesn't mean I agree with them.

[fezzyfestoon]

That has nothing to do with alleging that an entirely active and largely unchallenged economic theory has been "rejected".  And no professor that "advocates" one theory over the other shouldn't be in a teaching position, which is why I doubt they did.  I'm an Economics major and I have no idea what the economic leanings are of any of the many Economics professors I've had, nor any others for that matter.

[Free Trade is managed by the invisible hand.]

That has nothing to do with alleging that an entirely active and largely unchallenged economic theory has been "rejected".  And no professor that "advocates" one theory over the other shouldn't be in a teaching position, which is why I doubt they did.  I'm an Economics major and I have no idea what the economic leanings are of any of the many Economics professors I've had, nor any others for that matter.

Economics seems to go beyond politics, and it is interesting how both right&left make it seem as if so many economic philosophies are diametrically opposed.

[Derek]

That has nothing to do with alleging that an entirely active and largely unchallenged economic theory has been "rejected".  And no professor that "advocates" one theory over the other shouldn't be in a teaching position, which is why I doubt they did.  I'm an Economics major and I have no idea what the economic leanings are of any of the many Economics professors I've had, nor any others for that matter.

Economics seems to go beyond politics, and it is interesting how both right&left make it seem as if so many economic philosophies are diametrically opposed.

I say the government has no business in the economy.

[Frink]

That has nothing to do with alleging that an entirely active and largely unchallenged economic theory has been "rejected".  And no professor that "advocates" one theory over the other shouldn't be in a teaching position, which is why I doubt they did.  I'm an Economics major and I have no idea what the economic leanings are of any of the many Economics professors I've had, nor any others for that matter.

Economics seems to go beyond politics, and it is interesting how both right&left make it seem as if so many economic philosophies are diametrically opposed.

I say the government has no business in the economy.

Three centuries of economic precedent disagrees with you.

[Bo]

That has nothing to do with alleging that an entirely active and largely unchallenged economic theory has been "rejected".  And no professor that "advocates" one theory over the other shouldn't be in a teaching position, which is why I doubt they did.  I'm an Economics major and I have no idea what the economic leanings are of any of the many Economics professors I've had, nor any others for that matter.

Economics seems to go beyond politics, and it is interesting how both right&left make it seem as if so many economic philosophies are diametrically opposed.

I say the government has no business in the economy.

Three centuries of economic precedent disagrees with you.

Also, if you're against govt. interevention in the economy, then you would support the abolition of the Federal Reserve, correct? Because otherwise you would be a hypocrite.

[King]

I say the government has no business in the economy.

Then what does the government govern?

[Derek]

I say the government has no business in the economy.

Then what does the government govern?

other things. For the record I was being a smart ass with that comment, but it's kind of hard not to be a smart ass with someone who isn't on the Adam Smith supply side of the economic theory.

[Bo]

I say the government has no business in the economy.

Then what does the government govern?

other things. For the record I was being a smart ass with that comment, but it's kind of hard not to be a smart ass with someone who isn't on the Adam Smith supply side of the economic theory.

Increasing supply does not generate economic prosperity. Increasing demand does. And you still haven't answered my question up above.

[Free Trade is managed by the invisible hand.]

I say the government has no business in the economy.

Then what does the government govern?

other things. For the record I was being a smart ass with that comment, but it's kind of hard not to be a smart ass with someone who isn't on the Adam Smith supply side of the economic theory.

Look up the general glut controversy and tell me what you think about.

[fezzyfestoon]

I say the government has no business in the economy.

That's impossible.

No response to what I've said?

[Derek]

I say the government has no business in the economy.

That's impossible.

No response to what I've said?

What's your question?

[fezzyfestoon]

I say the government has no business in the economy.

That's impossible.

No response to what I've said?

What's your question?

I didn't ask a question, I responded to your first non-response and expected an actual response.

[Free Trade is managed by the invisible hand.]

In academia the Keynesian revolution came out in the 1950's with the neo-classical synthesis.