noam chomsky vs milton friedman

the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
History shows stronger growth under more liberal governments in the US.
 
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
 
Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?
Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.
There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems
So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore
The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist
 
You should learn some US history, especially our economic history. You wouldn't be such an ignoramus if you did.

ignoramus?? your best example or admit you are little more than a liberal liar.
I already showed how Friedman was wrong. Look at how Chile's economy faltered after he got them to privatize many services, including their version of Social Security, and it failed.


Agreed. Also, freedom wasn't involved since an elected president had to be overthrown so the friedman miracle could be
i have no friends to discuss this with, so i wanted to find a forum to let my little mind say whatever i wanted.
:eusa_boohoo:

noam chomsky and milton friedman are boring. chomsky is super boring and friedman is relatively boring. i hate discussing economics and i feel miserable that im required to do this, but at the same time, im somehow grateful because im learning a lot of necessary information.
:eusa_clap:

what do you think about these two economists?

Chomsky is a liberal who advocates Statism. Such a point of view has failed everywhere and everytime it has ever been tried.

Friedman advocated free markets and individuality, and made his case in spades.

What's the issue???

Where are these free markets and individuality that friedman was involved in.

It is an ideal, a philosophy, based largely on natural rights and freedom, and inculcated in the founding documents of our social contract. That it has not been executed perfectly does not diminish Friedman's advocacy, nor does it elevate Chomsky's dangerous desire to the contrary.

The overthrow of an elected president in Chile, and the installation of a dictator, had to happen for the Friedman plan to be tested. So much for freedom. Chomsky's only desire is to give more speeches and sell more books.

Democracy isn't freedom. Allende was rapidly converting Chile into a Soviet client state. Lot of freedom there, eh? Government has to be converted to complete totalitarianism before socialism can be imposed. Do you actually believe that people are going to give up their property rights voluntarily?
That was up to the voters of Chile to decide, not for anyone else. I may not like it if a nation turns Marxist, but it's not anyone's business until they intrude on the sovereignty of the US.
 
The New Deal spending was enough to lift the economy somewhat, but not enough to end the high joblessness until the US embarked on the largest stimulus spending program ever: WWII. The spending on stimulus did prove Keynes correct.

100% stupid and liberal of course!! The war ended and the spending ended and the liberal's Great Depression did not come back!!
Just like. Keynes said it would.

dear, why would the economy keep going after the spending stopped? If building weapons stimuated the economy why wouldn't the economy stop when you stopped building the weapons just like it did before you started building the weapons?
Princess, it would keep going because it was sufficiently recovered to not need additional stimulus spending. As Keynes wrote in the General theory, when the economy recovers and no longer need the additional spending, that's when it's time to enact deficit and debt reduction.

Stimulus is only supposed to be temporary, until the economy grows without it. There's nothing about Keynes'General Theory, or today's Keynesian thinking, that says stimulus should be spent once the economy is recovered.
 
. In fact, he said to do what no conservative would ever do: pay the debt down.

dear Republicans have introduced 30 Balanced Budget Amendments to make debt illegal and liberals have killed every one of them. Every govt shut down to make even minor cuts in spending has been killed by Democrats. Does that give you a clue about who is concerned about paying down the debt? Isn't learning fun?
Balanced budget amendments are stupid and wouldn't help the nation if we had another GOP housing bubble or a dot.bomb burst. Republicans ran up debt all through BushII, by poor economic policies and cutting taxes, when Clinton left them surpluses.

A balanced budget amendment limits governments to deal effectively with recessions. And, historically Democrats balance budgets, while Republicans grow deficits and debt, since WWII.
 
.

The Great Depression ended when the US spent money on military hardware. First for the Allies in Europe and Asia, then the US itself.
.

of course thats 100% idiotic and liberal. If true economists would know it and recessions would never happen because we'd build planes and dump them into the sea to prevent it!! Feel silly like a liberal should??
Economists know it. .

name conservative economists who say build planes and dump them into the sea to prevent or end recessions and depressions or admit to being a liberal liar!!
Who gives a fuck what some dumbass conservative economist would say?.

dear, you said, " economists know it". Want to figure out what you were really trying to say and get back to us?
OK. Relevant macro economists is what I should have said. Conservative economists aren't relevant, since they keep predicting stuff that never happens. New Keynesians have done an outstanding job of predicting how inflation has been low in the liquidity trap in spite of large QE buying, keeping interest rates low hasn't gained traction for the economy because of the LT and a potential secular stagnation has taken hold of the economy, deficits have risen in every nation that has enacted austerity as their economies have faltered, etc.
 
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com
 
Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?
Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.
There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems
So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore
The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist
The US has no true liberal party. The Democrats have some liberals, but also stretch across to a lot of conservatives and centrists. The Republicans have almost no centrists left. Many of them have either gotten old and died, or became Democrats.
 
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com
LOL...Sorry I don't read stuff from a staff writer at salon .com ..Too funny
 
Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?
Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.
There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems
So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore
The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist
The US has no true liberal party. The Democrats have some liberals, but also stretch across to a lot of conservatives and centrists. The Republicans have almost no centrists left. Many of them have either gotten old and died, or became Democrats.


Not quite sure what world you live in .....The federal government is growing, we have 100 trillion in unfunded liabilities we're living on borrowed money and time ....your delusions not withstanding...... Both parties are responsible...More people on food stamps, more people on SSI, more part time jobs, income growth is almost nonexistent. the economy should be growing at 4 to 5% not this 1% 2 % it wouldn't be growing that much if not for fracking which the liberals hate. Leftist are also pushing this carbon tax, global warming, bullshit which will further hurt our economy, but keep up your delusions if it makes you feel good
 
Friedman wasn't the one who put natural resources in the US.

dear, Japan has no resources and is about biggest economy. Saudia Arabia has tons and is poor. Can you understand?
Princess,
Of course it's how resources are used, even if they are imported. Anyway, Milton Friedman was a great statistician and not so great economist. His views are treated as shit, even by the right wing lunatic establishment in Washington DC.
There is no such thing as a "right wing establishment" There is a Republican party establishment and most of them are part of the problem, along with the leftist crony capitalist like Obama and the rest of the Dems
So long as the GOP is right wing and establishment, I'll call them right wing establishment.

GOP is not right wing. Some are some arent the Democrats are the purest, who have purged every so call moderate. They are radical leftist no moderates there anymore
The Democratic Party has moved pretty far to the right of their center-left position from just a few decades ago. They've generally followed the right over to the right. The GOP is becoming more extremist in their quest to go to the right

That's a joke right? you made it funny. There are no centrist democrats left. None they are all radical, leftist, big, tyrannical government, nutjobs anyone who votes down the line with Obama is an extremist
The US has no true liberal party. The Democrats have some liberals, but also stretch across to a lot of conservatives and centrists. The Republicans have almost no centrists left. Many of them have either gotten old and died, or became Democrats.


Not quite sure what world you live in .....The federal government is growing, we have 100 trillion in unfunded liabilities we're living on borrowed money and time ....your delusions not withstanding...... Both parties are responsible...More people on food stamps, more people on SSI, more part time jobs, income growth is almost nonexistent. the economy should be growing at 4 to 5% not this 1% 2 % it wouldn't be growing that much if not for fracking which the liberals hate. Leftist are also pushing this carbon tax, global warming, bullshit which will further hurt our economy, but keep up your delusions if it makes you feel good

it shows you how slow liberals are. He says there is no liberal party while govt is growing and growing. What he really means is that is no real communist party.


Norman Thomas quotes:

The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.
 
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
History shows stronger growth under more liberal governments in the US.

Post hoc, ergo property hoc. It's purely coincidental. It also ignores the fact that Hoover, Nixon, Eisenhower, Bush I and Bush II are all liberals who have accepted the Keynesian abracadabra.

The bottom line is that over the decades our government has adopted more and more of the liberal agenda and our economic growth has been declining as a result.
 
You should learn some US history, especially our economic history. You wouldn't be such an ignoramus if you did.

ignoramus?? your best example or admit you are little more than a liberal liar.
I already showed how Friedman was wrong. Look at how Chile's economy faltered after he got them to privatize many services, including their version of Social Security, and it failed.


Agreed. Also, freedom wasn't involved since an elected president had to be overthrown so the friedman miracle could be
i have no friends to discuss this with, so i wanted to find a forum to let my little mind say whatever i wanted.
:eusa_boohoo:

noam chomsky and milton friedman are boring. chomsky is super boring and friedman is relatively boring. i hate discussing economics and i feel miserable that im required to do this, but at the same time, im somehow grateful because im learning a lot of necessary information.
:eusa_clap:

what do you think about these two economists?

Chomsky is a liberal who advocates Statism. Such a point of view has failed everywhere and everytime it has ever been tried.

Friedman advocated free markets and individuality, and made his case in spades.

What's the issue???

Where are these free markets and individuality that friedman was involved in.

It is an ideal, a philosophy, based largely on natural rights and freedom, and inculcated in the founding documents of our social contract. That it has not been executed perfectly does not diminish Friedman's advocacy, nor does it elevate Chomsky's dangerous desire to the contrary.

The overthrow of an elected president in Chile, and the installation of a dictator, had to happen for the Friedman plan to be tested. So much for freedom. Chomsky's only desire is to give more speeches and sell more books.

Democracy isn't freedom. Allende was rapidly converting Chile into a Soviet client state. Lot of freedom there, eh? Government has to be converted to complete totalitarianism before socialism can be imposed. Do you actually believe that people are going to give up their property rights voluntarily?
That was up to the voters of Chile to decide, not for anyone else. I may not like it if a nation turns Marxist, but it's not anyone's business until they intrude on the sovereignty of the US.

They decided. That's why the Chilean Congress asked Pinochet to get rid of Allende and his Cuban thugs. Allende was elected by only 36% of the eligible voters. He had no mandate from the people of Chile to impose communism.

Three years into Allende's presidency, on August 22, 1973 the Chilean Congress censured Allende for violating law and the constitution in order to “establish a totalitarian system absolutely opposed to the representative system of government established by the Constitution.”

Allende was censured for “making violation of the Constitution and the law a permanent system of conduct,” and for “systematically trampling the powers of the other branches of government,” while at the same time “violating the civil rights of the citizens guaranteed in the Constitution and permitting and stimulating the formation of illegal parallel powers which constitute a grave threat for the nation.”

These illegal armed groups “intend to replace legitimately constituted powers and serve as a base for the dictatorship of the proletariat.”

In other words, Allende’s rule was that of a criminal organization, while aiding in the formation of communist guerrillas.

Allende now was unable to find majority support in the Congress, but he had other plans for staying in power. According to documents found in the presidential palace after the coup, Allende was planning to massacre his conservative military opponents and some 600 politicians, journalists, and conservative opposition members by the end of 1973.
Not surprisingly, the Congress supported the military’s coup as a way to save Chile. In fact, their August 22 censure of Allende called for the military to save the country – the military was acting on behalf of the elected Congress. On September 11, the military threw out Allende, then went into the towns and cities and arrested the gangs operating there.
 
i have no friends to discuss this with, so i wanted to find a forum to let my little mind say whatever i wanted.
:eusa_boohoo:

noam chomsky and milton friedman are boring. chomsky is super boring and friedman is relatively boring. i hate discussing economics and i feel miserable that im required to do this, but at the same time, im somehow grateful because im learning a lot of necessary information.
:eusa_clap:

what do you think about these two economists?
Chomsky's field of expertise was linguistics.
 
i have no friends to discuss this with, so i wanted to find a forum to let my little mind say whatever i wanted.
:eusa_boohoo:

noam chomsky and milton friedman are boring. chomsky is super boring and friedman is relatively boring. i hate discussing economics and i feel miserable that im required to do this, but at the same time, im somehow grateful because im learning a lot of necessary information.
:eusa_clap:

what do you think about these two economists?
Chomsky's field of expertise was linguistics.
yes I just heard him. He is an complete ass. He said by the definition of terrorism we too are terrorists and therefore cant possibly fight a war against terrorism. He's a linguist, but not a thinker.
 
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com
the New Deal allowed economic liberty to working people.

actually the New Deal was the Great Depression! More proof that liberalism is based in pure ignorance.
Growing economies, and rejecting right wing failure isn't ignorance. It's the smartest thing people can do. But, you'd revel in your ignorance and see the US fail, because the blinders you have on won't allow you to look at the results of your ideological failure.


Why is it that the more of the liberal agenda we adopt, the slower our economy grows?
Princess, he was wrong. Fiscal austerity, even with his ideas on monetary policy, left the US in a time of high unemployment that we didn't need to have last so long.

too 100% stupid. $500 billion deficts is not austerity dear!!!
Yes it is. .

so dear, are you saying we should have run $1 trillion or 2 trillion or $3 trillion budget deficits?
Can you explain how that would help rather than hurt an economy. Thanks
Princess, I'm saying the proof has been that stimulus works, as proven by the Great Depression, and in the last recession.
The Romney campaign says stimulus doesn 8217 t work. Here are the studies they left out. - The Washington Post
Had the stimulus been larger, medium and long term debt would have been smaller.

Bull what exactly did the stimulus stimulate? Obama policies have stalled our recovery as Roosevelts did

FDR's policies prolonged Depression by 7 years, UCLA economists calculate

FDR s policies prolonged Depression by 7 years UCLA economists calculate UCLA
LOL. Cole and Ohanian still haven't recovered from the embarrassment of that debacle. Trying to eliminate people who are employed and redesignating them as unemployed was ridiculously funny.
The right-wing New Deal conniption fit - Salon.com
LOL...Sorry I don't read stuff from a staff writer at salon .com ..Too funny
If you read garbage economics from cole and ohanian, you'll never learn about economics.
 

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