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Kasz216 on 01 May 2011
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SamuelRSmith said:
Kasz216 said:
SamuelRSmith said:

I'm not going to lie, this is a bump.


It is catchy... what I give it credit for is, even though it clearly believes one side over the other, it lets them both make their main points in an honest way.


Hmmm... one of my friends (he's a Keynesian.. don't ask), said that he found it biased in that they portrayed Keynes to be much more smug/a jerk in the videos... making the watchers lean towards Hayek in that way.

It is quite clear, if you watch the interview with the creators and The Economist, that the creators are certainly Classical economists, actually stating that they don't understand why Keynsian economics are still around, after the 70s stagflation. I agree with them, I just think it shows that their content isn't going to be wholly unbiased.

Then again... is it possible to be unbiased about something that makes more sense objectively? It's like the BBC trying to produce an unbiased report on the Holocaust, or something.

Oh, I agree with them too... I was just saying.

I mean, we've tried Kensyism for every downturn and have yet to hit a point where we've gotten out.   Successivly.  Out of shrinking?  Yes, but not where we were...

and the it's always been followed by more shrinking.


Then you have Stagflation, which a theory of has just been tagged on to the big one, pretending that it doesn't more or less make the whole theory pointless.