Comments on: Economist Dies In Rap Vitriol

By: admin

admin — Wed, 17 Feb 2010 15:51:59 +0000

@Van S, Thanks Van. Yes money-ism, or the worship of capital, is so common, so normal, it’s almost impossible to recognize it. But it has very recognizable effects…and the $30 trillion debt we Americans now have is clear evidence that debt driven consumption has a terminus well before death. Sorry Keynes, but in the short run we get buried in insurmountable debt long before we “die.”

By: Michael E

Michael E — Wed, 17 Feb 2010 15:15:32 +0000

I absolutely love it!

By: Van S

Van S — Wed, 17 Feb 2010 00:25:02 +0000

@admin,
Eric,
I got to hear and meet you at a John Kelly Wealth builder’s conference in ’08 where you spoke on the spirit of empire which was tremendous. You indicated you were working on a book on that subject. Is that out or if not any eta?
Thanks, blessings,
Van

By: admin

admin — Tue, 16 Feb 2010 15:01:15 +0000

@Van S,
Yup. You’re right. It’s a bit fast. I had to listen several times but the argument is sound.

By: Van S

Van S — Tue, 16 Feb 2010 03:35:44 +0000

Eric,
Quite thought provoking and informative-but to be honest, for those of us who aren’t knowledgeable about all the intricacies of Austrian Free Market vs Keynesian economic theory this was like drinking drinking from a fire hose. I guess we need to listen several times but would be nice if you could delineate the various concepts represented here.
Also, per DP I believe JM Keynes didn’t have too much of an interest in the ladies as represented here.
Thanks for sharing Eric, shalom, Van

By: admin

admin — Mon, 15 Feb 2010 20:57:00 +0000

My favorite part is the “animal spirits” – bear and bull. Of my many criticisms of modern capital-ism, I never thought I could add animism. But hey, new news. Hope you enjoyed it.
Eric