Great video. Just started reading "What Has Government Done to Our Money?" and I am truly beginning to see the complete genius that was Murray Rothbard.
@SarionFetecuse12 жыл бұрын
Even beyond the grave, Rothbard keeps us laughing.
@kamilion100 Жыл бұрын
This man was brilliant
@mrpetermjohnston12 жыл бұрын
great clip. love the old rothbard stuff!
@TheOtherCaleb2 жыл бұрын
Keynes got one huge thing wrong: the place of demand in the market. Demand is sparked by firm innovation and entrepreneurs, not misdirected stimuli from the government.
@Tenebrousable5 жыл бұрын
The kind of unthinking sociopath Maynard must have been. It's mindboggling.
@rumco12 жыл бұрын
LOL Rothbard is so amusing. Thanks for the upload.
@martimafonso9672 Жыл бұрын
KZbin: Tribute to David Duke and Murray Rothbard (cover by Knoxie Davis)
@nthperson4 жыл бұрын
Keynes was certainly brilliant. And yet, he failed to recognize the continued and growing power of landed interests in the modern, industrializing economies. Some of his contemporaries (such as Scott Nearing, John R. Commons and Harry Gunnison Brown in the United States) found sound analysis in Henry George's application of David Ricardo's "law of rent" to resource-laden and urban land as well as to agricultural lands. Without any deep analysis or explanation, Keynes simply asserted that rent was insignificant in modern economies. Did he not have access to statistics showing the rapid increase in location rental values in the worlds' cities. Land at the center of any city or town was valued by the square foot. The simple process of market capitalization occurred to convert annual rental values to a selling price for land. And, as George observed, this claim on wealth occurred with any expenditure of labor or capital goods on the part of the landowner/rentier. This blind spot by Keynes meant that he failed to call for changes in tax policy that would largely prevent credit-fueled and speculation driven property market cycles of boom and bust.
@nonagressionist12 жыл бұрын
You may also like, "What is Money?" by Bastiat. A lot of parallels.