Young Paleocon
Member
- Joined
- Mar 26, 2008
- Messages
- 1,076
Stating that Keynes was 'great' is a reflection of the masses of people that followed his ideals however off they were. Many consider Jesus a great man, I don't, but the claim can be made that he was great for influencing so many people, no matter how deluded that is. Was Hitler a great man with great ideas? To many he was at the time and his ideals are being instituted again in this country, so I'd say that qualifies for a type of 'greatness', however deluded it is.
Milton worked with what "IS" and not maybes and IF'S. You have a bias and that's ok, I think differently and have read both Mises and Friedman. Rothbard is parroting much of Mises ideas and that's fine but I'd hold Mises above Rothbard in a second. I actually agree with much of Mises and Friedman but neither are gods that some make them out to be, at least they are both for a free market, as opposed to the alternative. I think we'd be arguing a matter of degrees instead of being polar opposites.
It has nothing to do with working with what "is" and not "if's". It has to do with right and wrong. Moral and immoral. Free-markets and intervention. The man was a monetarist, and therefore in favor of inflation, government monopoly of money, and by defacto, regardless of rhetoric, in favor of expanding government. He is a nice man, but he's wrong.
YouTube - Milton Friedman: The Purpose of the Federal Reserve