Skeptic Project

<JimJesus> Keynes is fucking awesome <JimJesus> BEST ECONOMIST EVER

I just wanted to congratulate Jim for finally throwing off his economic crankery chains. I knew you could do it, buddy. I'm proud of you!

Quote from Elm Nehmara Grand Rapids

Context? I don't know who this guy is. I wiki'd Keynesian economics and I don't understand it.

Hopefully this helps
http://www.youtube.com/watch?v=d0nERTFo-Sk

Keynes is a hero to all.

"Anarcho-capitalist books tend to read like Marxist books - dense and full of provocative ideas that sound good in theory, but are presented as "this is the way it would work" when it has never really been tried. The Market for Liberty makes blanket statements such as "in a laissez-faire society, only gold would be accepted as the standard of monetary value" (how do they know?); competing educational systems would "forever end squabbles over cirriculum" (how?); eliminating medical licensing would "end the doctor shortage and drastically reduce the cost of medical care" because "anyone could practice medicine in any area in which he was competent, regardless of the number of years he spent in college" but we needn't worry about quacks performing surgery because "reputable physicians would probably form medical organizations which would only sanction competent doctors, thereby providing consumers with a guide"; and we needn't worry about private defense agencies becoming like warring Mafia gangs because "a defense company which committed aggression...would be left with no customers, associates, or employees except for undesirables." Not very reassuring. The book brings up many objections in a straw man manner and dismisses them without serious discussion, and uses "always", "never", and "will probably" far too much."

http://rationalwiki.org/wiki/Anarcho-capitalist

^--lol

If you like Keynes, you might also enjoy Ha-Joon Chang and, though this one should be fairly obvious, Joe Stiglitz.

Chang focuses more on the historical importance on the interventionist policies today's developed countries successfully used in the past, while Stiglitz focuses on the situation of the States, the recent crisis, and the political failure to react to it adequately.

Sadly, the best thing on the progressive side seems to be Michael Albert, and I found his book to be lacking when it comes to core issues - incentives, distribution, evaluation w/o markets, etc. He's still accessible to the standard market-critic and doesn't assume ideal conditions as Marxists, Zeitards and laissez-fair capitalists tend to do.