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In reply to the discussion: Matt Stoller rebuts his critics [View all]girl gone mad
(20,634 posts)41. "because they both believe Ron Paul's message on the Fed"
That statement is more than a little bit disingenuous, don't you think?
Paul wants to end Central Banking altogether. Naked Capitalism supports having a strong Central Bank.
The only thing the two camps would agree on is that the Federal Reserve is a deeply corrupted institution. Can you argue that it is not?
Austrians like Paul and Neoclassicists like Krugman each believe in certain economic ideas not supported in any way by reality. You cite Krugman's critiques of Austrian economics in your OP, intending to attack Stoller. Stoller is not an Austrian or a Neoliberal Neoclassicist. He's a progressive who generally writes from the perspective of someone with a good understanding of Post-Keynesian economics and MMT.
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Stoller has now teamed up with the Paul people - he is forever tainted.
banned from Kos
Jan 2012
#16
Great. Just in case anyone missed it, the correct link to the article by Stoller...
JackRiddler
Jan 2012
#20
Actually, you linked to your link of Stoller's original article. Jack Riddler linked to
Luminous Animal
Jan 2012
#13
Stoller & GG are right about the illiberal ends of the modern economy and state finance. Krugman
leveymg
Jan 2012
#4
Actually, he is defining a hypothetical dilemma and then elaborates in the following paragraphs...
Luminous Animal
Jan 2012
#26
He presents the hypothetical dilemma and then dismisses it as immaterial...
Luminous Animal
Jan 2012
#32
You illustrate precisely why it is important to read the entire article...
Luminous Animal
Jan 2012
#34
Past a point, "failed policies, including the lack of oversight" is structural failure.
leveymg
Jan 2012
#17
So the President agrees with Paul on marriage equality. And they state the same religious
Bluenorthwest
Jan 2012
#31
they are consumed with destroying the Federal Reserve and Ron Paul is their ally
banned from Kos
Jan 2012
#23
I just came across Stoller's stupid screed this am and literally laughed out loud.
jefferson_dem
Jan 2012
#35
I wish you all would laugh out loud at Paul and the President on marriage equality on
Bluenorthwest
Jan 2012
#39