Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

Ruby the Liberal

(26,219 posts)

3. Excellent read from Dr K

Reply to rgbecker (Original post)

Mon Dec 19, 2011, 07:15 PM

Dec 2011

...you might think that having been so completely off-base about something so central to their belief system would have caused the Austrians to lose popularity, even within the G.O.P

It hasn't lost popularity because no one has been able to explain its failure where it can fit on a bumper sticker. If you don't have that soundbyte at the ready, be prepared for the masses to go along with the guy who can champion his cause in 4 words or less.

Edit history

Please sign in to view edit histories.

4 replies

= new reply since forum marked as read

Highlight:

Krugman explains the Austrians. [View all] rgbecker Dec 2011 OP

Thanks. A great primer that should be required reading for any seduced by the anti-Fed goldbug banned from Kos Dec 2011 #1

Why doesnt this work for the ECB then? dkf Dec 2011 #2

not sure what you mean. Our Fed is far more Keynesian/accomodative than the ECB. banned from Kos Dec 2011 #4

Excellent read from Dr K Ruby the Liberal Dec 2011 #3