Donations from lobbyist to GOP candidates. It´s pretty clear.
Society exists only as a mental concept, in the real world there are only individuals.
—Oscar Wilde
Keynes and Krugman are walking down the street and see dog droppings. Keynes says to Krugman: “I’ll pay you $20,000 to eat those.” Krugman thinks about it, decides he really wants a new car, and eats the droppings. They continue walking, then Krugman sees some other dog’s droppings up ahead and says to Keynes: “Same deal: I’ll pay you $20,000 to eat that.” Keynes didn’t expect Krugman to take him up on his bet earlier, and he really needs the money, so he agrees. Then Krugman says to Keynes: “We both have the same amount of money as before, but we both ate poop.” Keynes replies: “Yeah, but there was $40,000 in stimulus to the national GDP.
(Source: elreyestadesnudo)
It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
Dedicated to #OccupyWallStreet, #15O and such by Murray Rothbard (Making Economic Sense (1995))(Source: elreyestadesnudo)
It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
Dedicated to #OccupyWallStreet, #15O and such by Murray Rothbard (Making Economic Sense (1995))(Source: elreyestadesnudo)
